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Author Question: In contrast to competitive firms, single-price monopolies (Read 52 times)

MirandaLo

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on: May 24, 2019
In contrast to competitive firms, single-price monopolies
◦ do not have to worry about market demand.
◦ sell only if demand is inelastic.
◦ can never incur a loss.
◦ can make an economic profit indefinitely.
◦ must take the price that is determined by the market demand and market supply.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by MirandaLo on May 24, 2019

catron30

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Reply #1 on: May 24, 2019
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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MirandaLo

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Reply #2 on: May 24, 2019
Excellent


catron30

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Reply #3 on: May 24, 2019
Great! Please up vote :D


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