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Imperfect competition-Market power of firms

As MRP < VMP in imperfect competition whenever firms encompass market power as sellers then: (i) MPPL = VMP. (ii) The price of output surpasses MFC. (iii) Monopolistic exploitation becomes essential to get profit. (iv) Imperfect competition can’t reach the equilibrium. (v) Employees are paid less than their VMP.

Find out the right answer from the above options.

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