Which of the following is true under monopoly P ATC P MC P
Which of the following is true under monopoly?
| P > ATC | |
| P > MC | |
| P = MR | |
| P = ATC |
Solution
My answer P = MR

Which of the following is true under monopoly?
| P > ATC | |
| P > MC | |
| P = MR | |
| P = ATC |
My answer P = MR
