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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 11: Price and Output in Monopoly, Monopolistic Competition, and Perfect Competition
  5. Question
    The MR = MC Rule for Profit Maximization Applies to Monopolists
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The MR = MC Rule for Profit Maximization Applies to Monopolists

Question 91

Question 91

True/False

The MR = MC rule for profit maximization applies to monopolists, as well as to firms in perfect competition

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