[Answered] The marginal revenue curve for a single-price monopoly A) is horizontal. B) is upward sloping. ...

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Author Question: The marginal revenue curve for a single-price monopoly A) is horizontal. B) is upward sloping. ... (Read 173 times)

genevieve1028

Hero Member
Posts: 601

on: Jun 29, 2018

The marginal revenue curve for a single-price monopoly

A) is horizontal.
B) is upward sloping.
C) lies above the market demand curve.
D) lies below the market demand curve.

Question 2

In a monopolistically competitive market there are

A) many firms.
B) one firm.
C) a very small number of firms.
D) two firms.

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Marked as best answer by a Subject Expert

bimper21

Sr. Member
Posts: 309

Reply #1 on: Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

A

genevieve1028

Member
Posts: 601

Reply 2 on: Jun 29, 2018

TYSM

bulacsom

Member
Posts: 329

Reply 3 on: Yesterday

Gracias!

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