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Author Question: The demand curve a monopolist uses in making an output decision is a. the same as the demand curve ... (Read 51 times)

cabate

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on: Jun 30, 2018
The demand curve a monopolist uses in making an output decision is
 a. the same as the demand curve facing a perfectly competitive firm
  b. vertical because there are no close substitutes for its product
  c. horizontal because there are no close substitutes for its product
  d. the same as the market demand curve
  e. perfectly inelastic

Question 2

Which of the following involves signaling?
 a. high wage rates attracting a larger pool of applicants for a job
  b. firms taking advantage of outsourcing when transactions costs are low
  c. reporting one's college GPA on a resume
  d. paying higher wages to workers who produce more
  e. requiring the sales staff to work strictly on commission


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Mholman93

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

D

Answer to Question 2

C


cabate

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

emsimon14

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Reply 3 on: Yesterday
Gracias!

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