For a Monopolist That Produces in the Short Run and Does

question 171

Multiple Choice

For a monopolist that produces in the short run and does not price discriminate, price always has to be

• A)equal to marginal cost at the profit-maximizing quantity
• B)equal to marginal revenue at the profit-maximizing quantity
• C)greater than marginal cost at the profit-maximizing quantity
• D)less than marginal cost at the profit-maximizing quantity
• E)less than marginal revenue at the profit-maximizing quantity

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