By Adhering to the MR = MC Rule, a Single-Price

question 42

Multiple Choice

By adhering to the MR = MC rule, a single-price monopoly

• A)will always have an above-zero profit.
• B)will always have a normal profit.
• C)maximizes its profit, which may in some cases mean minimizing its losses.
• D)is not earning as large a profit as it can by setting MR = (MC - P).

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