Details of this Paper

monopolist but not to a perfectly competitive frim at its profit

Description

solution


Question

Which if the following statements applies to a monopolist but not to a perfectly competitive frim at its profit-mazimizing output?;A. Price equals marginal cost.;B. Marginal revenue is less than price.;C. Marginal revenue equals marginal cost.;D. Average revenue equals average cost.

 

Paper#22643 | Written in 18-Jul-2015

Price : $22
SiteLock