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QUESTION
A perfectly competitive firm produces where marginal cost equals price, while a monopolist produces where price exceeds marginal cost.
A perfectly competitive firm produces where
marginal cost equals price, while a monopolist produces where price exceeds marginal cost.
marginal cost equals price, while a monopolist produces where marginal cost exceeds price.
price exceeds marginal cost, while a monopolist produces where marginal cost equals price.
marginal cost exceeds price, while a monopolist produces where marginal cost equals price.
