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Author Question: The marginal revenue curve for a single-price monopoly A) is horizontal. B) is upward sloping. ... (Read 171 times)

genevieve1028

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on: Jun 29, 2018
The marginal revenue curve for a single-price monopoly
 
  A) is horizontal.
  B) is upward sloping.
  C) lies above the market demand curve.
  D) lies below the market demand curve.

Question 2

In a monopolistically competitive market there are
 
  A) many firms.
  B) one firm.
  C) a very small number of firms.
  D) two firms.


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bimper21

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


genevieve1028

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Reply 2 on: Jun 29, 2018
Gracias!

kjohnson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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