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Author Question: A monopolist maximizes total revenue. a. True b. False Indicate whether the statement is true or ... (Read 91 times)

leo leo

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on: Jun 30, 2018
A monopolist maximizes total revenue.
 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 the same for all goods.
 a. True
  b. False
  Indicate whether the statement is true or false


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mfedorka

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

False

Answer to Question 2

True


leo leo

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

helenmarkerine

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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