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micro chapter 13-17

Question:
For a profit-maximizing monopolist,
a. P > MR = MC.
b. P = MR = MC.
c. P > MR > MC.
d. MR < MC < P.
Answer:
a
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Last update by mayurcooled on 04/16/2014
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micro chapter 13 17
micro chapter 13-17
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Free Flashcard From micro chapter 13-17
Question: For a profit-maximizing monopolist,a. P > MR = MC.b. P = MR = MC.c. P > MR > MC.d. MR < MC < P.
Answer: a