All else equal, when a monopolist increases its price, revenue ...

[cherise1989]

All else equal, when a monopolist increases its price, revenue will fall because of the lost sales.
 a. True
  b. False

Question 2

When a court uses the per se rule to interpret the Sherman Antitrust Act, its ruling is based on market conduct alone.
 a. True
  b. False

[sylvia]

Answer to Question 1

B

Answer to Question 2

A

[cherise1989]

Thanks for the timely response, appreciate it

[cpetit11]

Excellent