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Author Question: In a Bertrand model with identical firms and a non-differentiated product, price will increase in ... (Read 37 times)

clmills979

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on: Jul 1, 2018
In a Bertrand model with identical firms and a non-differentiated product, price will increase in response to
 
  A) an increase in the number of firms.
  B) a decrease in the number of firms.
  C) an increase in marginal cost.
  D) a decrease in marginal cost.

Question 2

For a monopsonist, the labor supply curve is upward sloping because
 
  A) the monopsonist must compete with other industries for that labor.
  B) the monopsonist requires that the laborers are highly skilled.
  C) the monopsonist is the only buyer in that labor market.
  D) the monopsonist restricts the supply of labor.
Microeconomics ¦ Perloff ¦ 8th Edition
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skipfourms123

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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clmills979

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

shewald78

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

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