Where does MR = MC rule apply? A. Applies only to pure competition. B. Applies only to
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Question:
Where does MR = MC rule apply?
A. Applies only to pure competition.
B. Applies only to pure monopoly.
C. Does not apply to pure monopoly because price exceeds marginal revenue.
D. Applies both to pure monopoly and pure competition.
Related Book For
Microeconomics Theory and Applications
ISBN: 978-1118758878
12th edition
Authors: Edgar K. Browning, Mark A. Zupan
Posted Date: