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Of the following statements, which one is false? (only one answer is possible) Of the following statements, which one is false? (only one answer is
Of the following statements, which one is false? (only one answer is possible) Of the following statements, which one is false? (only one answer is possible) For a monopoly firm, price is always less than marginal revenue For a monopoly firm (profit maximizing), marginal revenue equals marginal cost For a perfectly competitive (profit maximizing) firm, price is equal to marginal cost For a perfectly competitive (profit maximizing) firm, price is equal to marginal revenue
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