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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 363 Weeks Ago, 5 Days Ago |
| Questions Answered: | 352 |
| Tutorials Posted: | 351 |
MBA,PHD in Psychology
Northwest Florida State College
Jun-1992 - May-1997
Professor
Northwest Florida State College,
Aug-2006 - Nov-2015
A single-price monopoly maximizes profit by producing the quantity at which ________.
A. its total evenue will be as large as possible
 B. marginal revenue equals marginal cost and setting the price equal to marginal revenue
 C. marginal revenue equals marginal cost and setting the price equal to marginal cost
D. marginal revenue equals marginal cost and setting the price equal to the most people are willing to pay for that quantity
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