Multiple Choice
In perfect competition,the price __________;and in a monopoly,the price __________.
A) is zero;is positive
B) is greater than the marginal cost;is equal to the marginal cost
C) is less than the marginal cost;is greater than the marginal cost
D) is equal to the marginal cost;is greater than the marginal cost
E) is positive;is zero
Correct Answer:
Verified
Correct Answer:
Verified
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