Question: Question content area Part 1 A major difference between a monopolist and a perfectly competitive firm is that Part 2 A . the monopolist's marginal

Question content area
Part 1
A major difference between a monopolist and a perfectly competitive firm is that
Part 2
A.
the monopolist's marginal revenue curve lies below its demand curve.
B.
the monopolist engages in marginal cost pricing.
C.
the monopolist is certain to earn economic profits.
D.
the monopolist charges the highest possible price that he can.

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