KevantheKid23951 KevantheKid23951
  • 26-12-2023
  • Business
contestada

Which of the following is not true for a profit maximizing single-price monopolist in the long run?

A. It will make profit or breakeven.
B. Price is greater than marginal revenue.
C. Marginal revenue equals marginal cost.
D. Demand is inelastic.

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