Question 10. 10. The nondiscriminating pure monopolist must decrease price on all units of a product sold in order to sell more units. This explains why there are barriers to entry in pure monopoly....

Question 10.10.
The nondiscriminating pure monopolist must decrease price on all units of a product sold in order to sell more units.  This explains why

      there are barriers to entry in pure monopoly.

       a monopoly has a perfectly elastic demand curve.

       marginal revenue is less than average revenue.

       total revenues are greater than total costs at the profit-maximizing level of output.