Business, 10.01.2020 03:31, bommers144
Which of the following conditions holds for a monopolist, but not for a perfect competitor, at the profit-maximizing level of output?
question 7 options:
a) price> marginal cost.
b) marginal revenue= marginal cost.
c) profit = (ar-atc) x q.
d) price = average revenue.
Answers: 1
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Which of the following conditions holds for a monopolist, but not for a perfect competitor, at the p...
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