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Author Question: A monopolist is a price searcher because it has the ability to select the price along its demand ... (Read 33 times)

roselinechinyere27m

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  • Posts: 557
on: Jun 30, 2018
A monopolist is a price searcher because it has the ability to select the price along its demand curve of its product.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Typically, total utility derived decreases as more of a good is consumed.
 a. True
  b. False
  Indicate whether the statement is true or false


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tofugiraffe

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

True

Answer to Question 2

False


roselinechinyere27m

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  • Posts: 557
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

AmberC1996

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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