Which of the following is true for BOTH monopoly and a perfectly competitive firm?
选项:
A: The demand for the individual firm's product is perfectly elastic.
B: Economic profits can be sustained indefinitely over time.
C: The marginal revenue curve is horizontal at the market equilibrium price.
D: Profits are maximized by producing at the level of output where marginal revenue is equal to marginal cost.
发布时间:2024-05-08 23:05:56