Which if the following statements applies to a monopolist but not to a perfectly competitive frim at its profit-mazimizing output?

Which if the following statements applies to a monopolist but not to a perfectly competitive frim at its profit-mazimizing output?A. Price equals marginal cost.B. Marginal revenue is less than price.C. Marginal revenue equals marginal cost.D. Average revenue equals average cost.

Which if the following statements applies to a monopolist but not to a perfectly competitivefrim at its profit-mazimizing output?A. Price equals marginal cost.B. Marginal revenue is less than…

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