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Author Question: A monopoly is likely to charge a higher price than an otherwise similar competitive industry would ... (Read 78 times)

Mr. Wonderful

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on: Jun 30, 2018
A monopoly is likely to charge a higher price than an otherwise similar competitive industry would be.
 a. True
  b. False

Question 2

Marginal revenue is the change in total revenue from using one more unit of an input in the short run.
 a. True
  b. False


Fayaz00962

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

A

Answer to Question 2

B


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Mr. Wonderful

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Reply #2 on: Jun 30, 2018
Thank you :)


Fayaz00962

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Reply #3 on: Jun 30, 2018
Happy to help you


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