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Author Question: A monopoly firm is a ______________ and faces a __________ sloping demand curve. a. Price taker; ... (Read 42 times)

jasdeep_brar

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on: Jul 1, 2018
A monopoly firm is a ______________ and faces a __________ sloping demand curve.
 a. Price taker; horizontal
 b. Price maker; horizontal
  c. Price maker; downward
  d. Price taker; downward

Question 2

Bid-rigging is more likely when
 a. auctions are for larger amounts
 b. auctions are infrequent
 c. auctions are for smaller amounts
 d. the auctioneer is paid on commission rather than a fixed fee


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Madisongo23

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

c

Answer to Question 2

c


jasdeep_brar

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

bassamabas

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

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