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Author Question: In order for a monopolist to earn an economic profit in short-run equilibrium, marginal revenue must ... (Read 145 times)

karen

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In order for a monopolist to earn an economic profit in short-run equilibrium, marginal revenue must be equal to zero.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Marginal utility tends to fall as a person increases his or her consumption.
 a. True
  b. False
  Indicate whether the statement is true or false



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taylorsonier

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Answer to Question 1

False

Answer to Question 2

True




karen

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


kusterl

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Reply 3 on: Yesterday
:D TYSM

 

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