Which of These Is a Similarity Between a Monopolist That

question 73

Multiple Choice

Which of these is a similarity between a monopolist that does not practice price discrimination and a perfectly competitive firm?

• A)The firms face the same amount of competition from new entrants into the market.
• B)The firms have an equal number of rivals.
• C)The firms face perfectly price-elastic demand curves.
• D)Price equals marginal revenue at all output rates for both types of firms.
• E)Price equals average revenue at all output rates for both types of firms.

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