question archive Which of the following options is correct? A monopolist will earn economic profits as long as his price exceeds a
Which of the following options is correct? A monopolist will earn economic profits as long as his price exceeds a
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Which of the following options is correct?
A monopolist will earn economic profits as long as his price exceeds
a. average variable cost.
b. average fixed cost.
c. marginal revenue.
d. average total cost.
Option 1
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Option 2
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