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pirex pirex
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Posts: 634
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6 years ago
If the demand curve a monopolist faces is perfectly elastic, then the ratio of the firm's price to the marginal cost is
A) 0.
B) 1.
C) 2.
D) None of the above—the answer cannot be determined.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 91 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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LBCeaLBCea
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#1
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6 years ago
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pirex Author
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6 years ago
Helped a lot
Shuqin
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Yesterday
this is exactly what I needed
jcarter
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2 hours ago
This site is awesome
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