Which of the following is true?
A)If there are only two firms in a market, prices must be above marginal cost.
B)If there is only one firm in a market, prices must be above marginal cost.
C)all of the statements associated with this question are correct.
D)none of the statements associated with this question are correct.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is true?
A)If there are only two firms in a market, prices must be above marginal cost.
B)If there is only one firm in a market, prices must be above marginal cost.
C)all of the statements associated with this question are correct.
D)none of the statements associated with this question are correct.

Which of the Following Is True