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Management · Q385

Managerial Economics

Graduate and Post Graduate · Management · question 385

Q385

One equates price and MC to maximise profit the other one equates MC and MR for the same purpose; they are

A.
Monopolist and perfect competitor
Answer
B.
Oligopolist and monopolist
C.
Monopsonist and perfect competitor
D.
Perfect competitor and duopolist

Answer: Option A

Solution

Answer: Option A
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