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3 June, 05:08

In maximizing profits, a single-price monopolist will charge a price that is

a. less than marginal cost.

b. equal to marginal cost.

c. greater than marginal cost.

d. there is not enough information to answer the question.

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Answers (1)
  1. 3 June, 07:33
    0
    C. greater than marginal cost.

    Correct answer
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