At the profit maximizing output, for the monopolist,    options:   price is greater than marginal cost, but for the perfectly competitive firm, price equals marginal cost.   and the perfect competitor, price is greater than marginal cost.   price is equal to marginal cost, but for the perfectly competitive firm, price is greater than marginal cost.   and the monopolist, price equals marginal cost.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter8: Monopoly
Section: Chapter Questions
Problem 4SQ
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At the profit maximizing output, for the monopolist,
 

 options:

 
price is greater than marginal cost, but for the perfectly competitive firm, price equals marginal cost.
 
and the perfect competitor, price is greater than marginal cost.
 
price is equal to marginal cost, but for the perfectly competitive firm, price is greater than marginal cost.
 
and the monopolist, price equals marginal cost.
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