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When Comparing a Perfectly Competitive Firm and a (Single-Price)monopolist,a Major

Question 82

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When comparing a perfectly competitive firm and a (single-price) monopolist,a major difference is that


A) the monopolist produces where MR = MC,but the perfect competitor does not.
B) the perfect competitor achieves productive efficiency,but the monopolist does not.
C) the perfect competitor produces where P = MC,but the monopolist does not.
D) the monopolist achieves allocative efficiency but the perfect competitor does not.
E) the perfect competitor minimizes its costs,but the monopolist does not.

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