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Author Question: It is more profitable for a firm to be_______ than ________ a. In perfect competition; monopolists ... (Read 20 times)

KimWrice

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on: Jul 1, 2018
It is more profitable for a firm to be_______ than ________
 a. In perfect competition; monopolists
 b. A monopolists; in perfect competition
  c. Not in business; in business
 d. All of the above

Question 2

In a common-value auction
 a. No bidder knows what the exact value of the item being auctioned
  b. Each bidder knows the exact value of the item
 c. The value is different for each bidder
 d. All of the above


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trog

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


KimWrice

  • Member
  • Posts: 579
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

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

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