A monopolist always earns an economic profit. a. True b. False Indicate whether the statement is ...

Author Question: A monopolist always earns an economic profit. a. True b. False Indicate whether the statement is ... (Read 20 times)

azncindy619

Hero Member
Posts: 562

on: Jun 30, 2018

A monopolist always earns an economic profit.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Consumer equilibrium requires that the marginal utility per dollar spent be unequal for all goods.
a. True
b. False
Indicate whether the statement is true or false

Laurenleakan

Sr. Member
Posts: 309

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

False

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azncindy619

Hero Member
Posts: 562

Reply #2 on: Jun 30, 2018

Correct answers!

Laurenleakan

Sr. Member
Posts: 309

Reply #3 on: Jun 30, 2018

Great! Please up vote

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Author Question: A monopolist always earns an economic profit. a. True b. False Indicate whether the statement is ... (Read 20 times)

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