Business, 12.12.2019 03:31, wyattmiller

Which statement is true?
a. instead of applying the marginal decision rule, monopoly firms just set the price as high as possible.
b. if demand is downward sloping, p = mr.
c. if demand is downward sloping, p = atc.
d. if demand is downward sloping, p > mr.

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Which statement is true?
a. instead of applying the marginal decision rule, monopoly firms j...