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  3. Study Set
    Micro economics 2
  4. Exam
    Exam 5: Monopoly and Perfect Competition
  5. Question
    At the Best, or Optimum, Level of Output for the Pure
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At the Best, or Optimum, Level of Output for the Pure

Question 1

Question 1

Multiple Choice

At the best, or optimum, level of output for the pure monopolist,


A) MR = SMC
B) P = SMC
C) P = lowest SAC
D) P is highest.

Correct Answer:

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