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Let P = price, MR = marginal revenue, and MC = marginal cost. For a profit-maximizing monopolist, which of the following relationships holds? Select one:

Let P = price, MR = marginal revenue, and MC = marginal cost. For a profit-maximizing monopolist, which of the following relationships holds?

Select one:

a.P=MR=MC

b.P>MR>MC

c.MR

d.P>MR=MC

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