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Author Question: Costs in a natural monopoly are lower because there is only one producer. a. True b. False ... (Read 80 times)

melly21297

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on: Jun 30, 2018
Costs in a natural monopoly are lower because there is only one producer.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The law of diminishing marginal utility implies that the marginal utility of my fifth hot dog is less than the marginal utility of my second soda, other things constant.
 a. True
  b. False
  Indicate whether the statement is true or false


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ladyjames123

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

True

Answer to Question 2

False


melly21297

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Reply 2 on: Jun 30, 2018
Excellent

Dominic

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Reply 3 on: Yesterday
Wow, this really help

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