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-Referring to the Above Graphic,which of the Following Statements Is PeP _ { \mathrm { e } }

Question 379

Multiple Choice

   -Referring to the above graphic,which of the following statements is FALSE? A) In panel (a) ,a competitive situation is shown in which equilibrium is established at the intersection of D and S at point E. B) In panel (a) ,the equilibrium price is  P _ { \mathrm { e } }  and the equilibrium quantity  \mathrm { Q } _ { \mathrm { e } }  . C) The price the monopolist charges in panel (b) at  P _ { m, }  is lower than the price that the competitive producer charges. D) The monopolist produces at  \mathrm { Q } _ { \mathrm { m } }  ,and charges a price of  \mathrm { P } _ { \mathrm { m } }  ,while maximizing profits at the intersection of MC and MR.
-Referring to the above graphic,which of the following statements is FALSE?


A) In panel (a) ,a competitive situation is shown in which equilibrium is established at the intersection of D and S at point E.
B) In panel (a) ,the equilibrium price is PeP _ { \mathrm { e } } and the equilibrium quantity
Qe\mathrm { Q } _ { \mathrm { e } } .
C) The price the monopolist charges in panel (b) at Pm,P _ { m, } is lower than the price that the competitive producer charges.
D) The monopolist produces at Qm\mathrm { Q } _ { \mathrm { m } } ,and charges a price of
Pm\mathrm { P } _ { \mathrm { m } } ,while maximizing profits at the intersection of MC and MR.

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