Khan Is a Wholesale Imported Fish Distributor

question 61

Multiple Choice

Khan is a wholesale imported fish distributor.He sells his imported fish to all the restaurants in town and he is the only distributor of a specialty imported fish.Assuming that Khan is maximising his profit, which of the following statements is true?

• A)imported fish prices will equal marginal cost
• B)imported fish prices will exceed marginal cost
• C)imported fish prices will be less than marginal cost
• D)imported fish like chicken

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