Answer to Question #49282 in Microeconomics for Bradly

Question #49282

Suppose that a monopolist finds itself to be operating at a break-even point. It follows that its: i. total revenue is equal to total variable cost ii. total revenue is equal to total cost iii. average revenue is equal to average variable cost iv. average revenue is equal to average total cost

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Right answer is ii and iv

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Answer to Question #49282 in Microeconomics for Bradly

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