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Author Question: The fact that a monopoly has to take the shapes of marginal cost AND marginal revenue into account ... (Read 63 times)

Frost2351

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on: Jul 1, 2018
The fact that a monopoly has to take the shapes of marginal cost AND marginal revenue into account when making decisions is reflected in the fact that
 
  A) monopolies don't have a supply curve.
  B) monopolies don't have a demand curve.
  C) monopolies have the same supply curve as perfectly competitive firms.
  D) monopolies maximize profit.

Question 2

If a firm operates in a perfectly competitive market, then
 
  A) all firms will advertise.
  B) no firms will advertise.
  C) the market leader will advertise.
  D) new firms will advertise.
Microeconomics ¦ Perloff ¦ 8th Edition
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karlss

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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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Frost2351

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

smrtceo

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Reply 3 on: Yesterday
:D TYSM

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