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Business, 15.04.2020 04:11 justice808

For a monopolist,

a. marginal cost is always greater than average total cost.
b. marginal revenue is always less than the price of the good.
c. marginal revenue equals marginal cost at the point where total revenue is maximized.
d. average revenue is always greater than the price of the good.

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For a monopolist,

a. marginal cost is always greater than average total cost.
b....

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