Selena's Sandwiches operates in a monopoly and sells 100 sandwiches for each.
Based on this information, which of the following can we be certain is true?
Choose 1 answer:
(A) Average total cost is minimized.
(B) The market is allocatively efficient.
(C) There is no deadweight loss in this market.
(D) The marginal cost of the sandwich is less than .
(E) The socially optimal quantity in this market is 100 .
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