If a profit maximizing monopolist sells its output for $100, then we know that its marginal revenue is
A) More than $100 if it is a perfect price discriminator
B) Less than $100 if it is a single price monopolist
C) Equal to $100 in all cases
D) Less than $100 if it is a perfect price discriminator
Correct Answer:
Verified
Q5: If a firm could perfectly price discriminate
A)The
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Q12: In the long-run, profit maximizing monopolists
A)Price where
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