Monopoly
Which of the following is true under monopoly?
a. profits are always positive.
b. P > minimum of ATC.
c. P = MR.
d. none of the above are true.
https://brainmass.com/economics/monopolies/monopoly-289647
Solution Preview
Which of the following is true under monopoly?
the answer which is VERY NEAR is "B"
b. P > ...
Solution Summary
This answer explicate parts of a monopoly.
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