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प्रश्न
The profit of a monopolist is defined as ______.
पर्याय
π = TR + TC
π = TR − TC
π = TC − TR
π = AR − MR
MCQ
रिकाम्या जागा भरा
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उत्तर
The profit of a monopolist is defined as π = TR − TC.
Explanation:
Profit is the difference between total revenue and total cost, so profit is calculated as TR minus TC.
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