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Author Question: In a regulated natural monopoly, a marginal cost pricing rule maximizes A) total costs. B) ... (Read 123 times)

DyllonKazuo

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on: Jun 29, 2018
In a regulated natural monopoly, a marginal cost pricing rule maximizes
 
  A) total costs.
  B) producer surplus.
  C) economic profit.
  D) total surplus.

Question 2

In monopolistic competition, firms do not have to produce innovative products because they have downward-sloping demand curves.
 
  Indicate whether the statement is true or false


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Expo

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

FALSE


DyllonKazuo

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Reply #2 on: Jun 29, 2018
Correct answers!


Expo

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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