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In the long-run, a monopolist maximized his profit when the marginal cost equals?
Classroom
Economics Classroom
Jamb
Jamb 2001
Market Structures
Imperfect Market
Short-run And Long-run Equilibrium Positions
More Topics
In the long-run, a monopolist maximized his profit when the marginal cost equals?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Total revenue
B
Marginal revenue
C
Average revenue
D
Price
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
Agricultural Science
Arabic
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Block laying, bricklaying, and concreting work
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