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Author Question: Price-discriminating, profit-maximizing monopolists charge higher prices to buyers who have more ... (Read 77 times)

student77

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on: Jun 30, 2018
Price-discriminating, profit-maximizing monopolists charge higher prices to buyers who have more elastic demand curves.
 a. True
  b. False

Question 2

If there are only two firms in an industry, the value of the Herfindahl index must be 5,000.
 a. True
  b. False


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kjohnson

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


student77

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

phuda

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Reply 3 on: Yesterday
Excellent

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