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Author Question: The monopoly maximizes profit by setting A) price equal to marginal cost. B) price equal to ... (Read 74 times)

leilurhhh

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on: Jul 1, 2018
The monopoly maximizes profit by setting
 
  A) price equal to marginal cost.
  B) price equal to marginal revenue.
  C) marginal revenue equal to marginal cost.
  D) marginal revenue equal to zero.

Question 2

Travel websites such as Travelocity tend to offer reservation services for multiple travel modes. This is because
 
  A) the firms have contractual obligations to offer reservations for airlines and railroads, for example.
  B) the firms have statutory obligations to offer reservations for airlines and railroads, for example.
  C) once the firm has the reservation technology for airlines, there are economies of scale in offering the same service for railroads.
  D) once the firm has the reservation technology for airlines, there are economies of scope in offering the same service for railroads.
Microeconomics ¦ Perloff ¦ 8th Edition
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b614102004

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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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leilurhhh

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

Laurenleakan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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