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By Adhering to the MR = MC Rule, a Single-Price

Question 42

Multiple Choice

By adhering to the MR = MC rule, a single-price monopoly


A) will always have an above-zero profit.
B) will always have a normal profit.
C) maximizes its profit, which may in some cases mean minimizing its losses.
D) is not earning as large a profit as it can by setting MR = (MC - P) .

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