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Author Question: The existence of a deadweight loss associated with a monopoly can be seen because A) consumers ... (Read 21 times)

robinn137

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on: Jul 1, 2018
The existence of a deadweight loss associated with a monopoly can be seen because
 
  A) consumers are willing to pay more for the last unit of output than it costs to produce.
  B) the cost of the last unit produced is more than consumers are willing to pay for it.
  C) the producer surplus is larger than in a competitive market.
  D) None of the above.

Question 2

A firm should always shut down if its revenue is
 
  A) declining.
  B) less than its average fixed costs.
  C) less than its total costs.
  D) less than its avoidable costs.
Microeconomics ¦ Perloff ¦ 8th Edition
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rachel

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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robinn137

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

xiaomengxian

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Reply 3 on: Yesterday
Excellent

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