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Why, in a perfect competitive market, does the price equal marginal cost; while in a monopolistic market, the price equals average cost? - Quora
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Use the following graph to answer the question below. The price where marginal benefit equals marginal cost is $1.00 $1.60 $0.50 $1.60 | Study.com
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Solved] 25-3. In a perfectly competitive market, price equals marginal cost, but this condition is not satisfied for the firm with the revenue and c... | Course Hero
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