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For a Monopoly Firm, Price Is __________ Marginal Revenue, and for a Monopolistic

Question 83

Multiple Choice

For a monopoly firm, price is __________ marginal revenue, and for a monopolistic competitive firm, price is __________ marginal revenue.

A) less than; equal to
B) greater than; equal to
C) greater than; less than
D) greater than; greater than
E) equal to; less than

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