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Author Question: What is one problem with trying to regulate a monopoly's price? A) The government needs ... (Read 46 times)

jCorn1234

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What is one problem with trying to regulate a monopoly's price?
 
  A) The government needs information on the monopoly's marginal cost.
  B) The government needs information on the price people are willing to pay.
  C) The government needs to identify which firm is a monopolist.
  D) Anything that the government does is problematic.

Question 2

Which is an important aspect of the perfectly competitive market that leads to long run equilibrium?
 
  A) perfect information
  B) freedom of entry and exit
  C) price taking behavior
  D) homogeneous products


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abctaiwan

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jCorn1234

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Reply 2 on: Jul 1, 2018
:D TYSM


tkempin

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Reply 3 on: Yesterday
Gracias!

 

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