n the long run, all of the following are true for a monopolist EXCEPT A. P...

Question

Question

n the long run, all of the following are true for a monopolist EXCEPT

A.

P > AVC.

B.

P = MC.

C.

P > ATC.

D.

MR = MC.

Answer 1

Answer #1

( Monopoly P=MC from has market power thus will always set its price above the the market price In order to have Maximum pro

Answer 2

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