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Monopoly ○ bservations 1) To increase sales the price must fall 2) MR< P 3)Compared to perfect competition No change In price to change sales ◆MR=P Chapter 10 Slide 11Chapter 10 Slide 11 Monopoly ◼ Observations 1) To increase sales the price must fall 2) MR < P 3) Compared to perfect competition ◆No change in price to change sales ◆MR = P
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