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For a profit maximizing monopolist, _____. In contrast, for a profit maximizing perfectly competitive firm, _________.
a. P=MR=MC; P b. P>MR>MC; P>MR=MC c. P>MR=MC; P=MR=MC d. P>MRMC
b. P>MR>MC; P>MR=MC
c. P>MR=MC; P=MR=MC
d. P>MRMC
Business Economics, Economics
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