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Author Question: If a perfectly competitive industry is monopolized, consumer surplus a. can be expected to decrease ... (Read 71 times)

elizabeth18

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on: Jun 30, 2018
If a perfectly competitive industry is monopolized, consumer surplus
 a. can be expected to decrease
  b. will usually remain constant
  c. can be expected to increase
  d. drops from a high value to zero
  e. increases from zero to a high value

Question 2

Ersatz Kreme will sell its filling to Hunky Donuts only if Hunky Donuts agrees not to buy filling from other suppliers. This is an example of
 a. price discrimination
  b. exclusive dealing
  c. a tying contract
  d. interlocking directorates
  e. a trust


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ankilker

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

A

Answer to Question 2

B


elizabeth18

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  • Posts: 559
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
Excellent

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