Which of the following is true for a pure monopolist?
Group of answer choices:

a: The firm has a perfectly elastic demand curve.

b: The firm will always earn an economic profit.

c: The demand curve is above the marginal revenue curve.

d: None of these is true.

Respuesta :

Answer:

c: The demand curve is above the marginal revenue curve.

Explanation:

The demand curve is above the marginal revenue curve is true for a pure monopolist.

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Answer:

B: The firm will always earn an economic profit

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