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Author Question: Marginal revenue is the change in total revenue from selling one more unit of output. a. True b. ... (Read 162 times)

mydiamond

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Marginal revenue is the change in total revenue from selling one more unit of output.
 a. True
  b. False

Question 2

The demand curve facing a monopolist is perfectly elastic.
 a. True
  b. False



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coyin

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Answer to Question 1

A

Answer to Question 2

B




mydiamond

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


Mochi

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

 

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