In pure monopoly, what is the relation between the price and the margi – McqOptions

MCQOPTIONS

1.	In pure monopoly, what is the relation between the price and the marginal revenue?
A.	The price is greater than the marginal revenue
B.	The price is less than the marginal revenue
C.	There is no relation
D.	They are equal
Answer» B. The price is less than the marginal revenue

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