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Assuming no change in product demand a pure monopolist: A) can increase price and increase sales simultaneously because it dominates the market. B) adds an amount to total revenue which is equal to

Assuming no change in product demand a pure monopolist:

A) can increase price and increase sales simultaneously because it dominates the market.
B) adds an amount to total revenue which is equal to the price of incremental sales.
C) should produce in the range where marginal revenue is negative.
D) must lower price to increase sales.

Apr 13 2021 View more View Less

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