Which of the following statements regarding a monopolist is false? a. the marginal revenue cure lies below the demand curve for the monopolists output. b. unlike a perfectly competitive firm a monopolist faces little or no competition. c. the monoplist sets price equal to marginal cost to maximize profit. d. the monopolist may or this not earn positive economic profit.

C. The monoplist sets price equal to marginal cost to maximize profit.

Explanation:

To maximise the profit, monopolist charge price where MR = MC.

answer; bootstrapping is your answer;

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.