Which of the following is not necessarily true for a ...

[Haya94]

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.

[Kjones0604]

Answer to Question 1

A

Answer to Question 2

C

[Haya94]

Great answer, keep it coming

[AngeliqueG]

Thanks for the timely response, appreciate it