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Author Question: In the short run, a monopolist: a. always earns an economic profit. b. never earns an economic ... (Read 226 times)

Pineappleeh

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on: Jun 30, 2018
In the short run, a monopolist:
 a. always earns an economic profit.
  b. never earns an economic profit.
  c. never earns an accounting profit.
  d. None of the above are correct.

Question 2

The total tariff revenue to the government of an imported good is found by adding the tariff to the quantity of the good imported.
 a. True
  b. False
  Indicate whether the statement is true or false


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jharrington11

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


Pineappleeh

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Reply #2 on: Jun 30, 2018
Thank you :)


jharrington11

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Reply #3 on: Jun 30, 2018
Happy to help you


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