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Author Question: A monopolist is a. one of a large number of small firms that produce a homogeneous good b. one of ... (Read 241 times)

123654777

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on: Jun 30, 2018
A monopolist is
 a. one of a large number of small firms that produce a homogeneous good
  b. one of a small number of large firms that produce a differentiated good
  c. a single seller of a product with many close substitutes
  d. one of a small number of large firms that produce a homogeneous good
  e. a single seller of a product with no close substitutes

Question 2

Commodity products are
 a. pasteurized
  b. bland
  c. perceived by consumers to be identical
  d. made by one manufacturer
  e. made by hand


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jojobee318

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

E

Answer to Question 2

C


123654777

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  • Posts: 585
Reply 2 on: Jun 30, 2018
Excellent

nathang24

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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