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Business, 14.04.2020 20:46 junkmailemail42
Because a monopoly's demand curve is the same as the market demand curve for its product, A. the monopoly's marginal revenue equals its price. B. the monopoly's average total cost always falls as it increases its output. C. the monopoly must lower its price to sell more of its product. D. the monopoly is a price taker.
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