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Author Question: Monopoly output is relatively lower than a competitive market output as resources remain unutilized ... (Read 37 times)

mpobi80

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Monopoly output is relatively lower than a competitive market output as resources remain unutilized under the former.
  Indicate whether the statement is true or false

Question 2

A firm will shut down permanently if total revenue is not sufficient to pay for total costs in the long run.
 a. True
  b. False
  Indicate whether the statement is true or false



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nyrave

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Answer to Question 1

T

Answer to Question 2

True




mpobi80

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


tuate

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Reply 3 on: Yesterday
:D TYSM

 

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