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Author Question: The demand curve facing a monopolist: a. is the same as its marginal revenue curve. b. is perfectly ... (Read 94 times)

Mr.Thesaxman

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on: Jun 30, 2018
The demand curve facing a monopolist:
 a. is the same as its marginal revenue curve.
 b. is perfectly elastic.
 c. is perfectly inelastic.
 d. is less elastic than a perfectly competitive firm's demand curve.

Question 2

Tariff accounts for 32 of the total government revenue in the U.K. and only 1.2 in India.
 a. True
  b. False
  Indicate whether the statement is true or false


bhavsar

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

d

Answer to Question 2

False


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