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Author Question: Refer to the figure above. What is the profit-maximizing quantity for the monopolist? A) 300 ... (Read 120 times)

james0929

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on: Jun 29, 2018
Refer to the figure above. What is the profit-maximizing quantity for the monopolist?
 
  A) 300 units
  B) 400 units
  C) 500 units
  D) 550 units

Question 2

The economic theory of government predicts elected officials at the federal level will have incentives to act in ways that
 
  A) cause inflation.
  B) increase uncertainty and the instability of total demand.
  C) secure short-term economic gains with deferred costs.
  D) result in all of the above.
  E) result in none of the above because they will usually want to be reelected.


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mcinincha279

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

A

Answer to Question 2

D


james0929

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Reply #2 on: Jun 29, 2018
Correct answers!


mcinincha279

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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