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All of the Following Statements,except One,are True About a Monopolist

Question 85

Multiple Choice

All of the following statements,except one,are true about a monopolist.Which is the exception?


A) Its demand curve is downward-sloping.
B) Average revenue and price are the same.
C) Marginal revenue and price are the same.
D) Marginal revenue and marginal cost are equal at the profit maximizing output.

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