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Author Question: When comparing a perfectly competitive firm and a (single-price) monopolist, a major difference is that (Read 31 times)

lol1012

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on: Oct 12, 2022
When comparing a perfectly competitive firm and a (single-price) monopolist, a major difference is that
◦ the monopolist achieves allocative efficiency but the perfect competitor does not.
◦ the perfect competitor achieves productive efficiency, but the monopolist does not.
◦ the perfect competitor produces where P = MC, but the monopolist does not.
◦ the monopolist produces where MR = MC, but the perfect competitor does not.
◦ the perfect competitor minimizes its costs, but the monopolist does not.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by lol1012 on Oct 12, 2022

wangyichun

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lol1012

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

dreamfighter72

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Reply 3 on: Yesterday
Wow, this really help

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