The monopolistrsquos marginal revenue is different from the, Business Economics

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The monopolistrsquos marginal revenue is different from the

The monopolist’s marginal revenue is different from the one facing a firm in perfect competition because: (a) The price elasticity he faces is less than unity; (b) The price elasticity he faces is equal to unity; (c) The price elasticity he faces is less than infinity; (d) The price elasticity approaches infinity.

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