Author Question: Which of the following is not necessarily true for a profit-maximizing single-price monopolist? ... (Read 242 times)

Haya94 · **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.