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Author Question: Which of the following is not necessarily true for a profit-maximizing single-price monopolist? ... (Read 203 times)

Haya94

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on: Jun 29, 2018
Which of the following is not necessarily true for a profit-maximizing single-price monopolist?
 
  A) P > ATC
  B) P > MC
  C) P > MR
  D) MR = MC

Question 2

In the United States, the percentage of households that have incomes below the mean income is
 
  A) 50 percent.
  B) less than 50 percent.
  C) more than 50 percent.
  D) 0 percent.


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Kjones0604

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Haya94

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Missbam101

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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