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Author Question: The government forcing a monopoly telecommunications company to allow other firms to use its cables ... (Read 146 times)

renzo156

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on: Jul 1, 2018
The government forcing a monopoly telecommunications company to allow other firms to use its cables is an attempt to
 
  A) regulate prices.
  B) decrease the monopoly market power by eliminating a natural monopoly.
  C) decrease the monopoly market power by increasing competition.
  D) None of the above.

Question 2

Long-run market supply curves are downward sloping if
 
  A) firms are identical.
  B) the number of firms is restricted in the long run.
  C) input prices fall as the industry expands.
  D) All of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
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courtney_bruh

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

C


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renzo156

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Reply #2 on: Jul 1, 2018
Thank you :)


courtney_bruh

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Reply #3 on: Jul 1, 2018
Happy to help you


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