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Author Question: One difference between a monopoly and a competitive firm is that A) a monopoly is a price taker. ... (Read 59 times)

sjones

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on: Jul 1, 2018
One difference between a monopoly and a competitive firm is that
 
  A) a monopoly is a price taker.
  B) a monopoly maximizes profit by setting marginal revenue equal to marginal cost.
  C) a monopoly faces a downward sloping demand curve.
  D) None of the above.

Question 2

Economies of scope exist between book publishing and magazine publishing if
 
  A) the cost of publishing a magazine is lower for book publishers than for other firms.
  B) the cost of publishing a magazine is lower for firms that publish many magazines than for firms that publish only one magazine.
  C) the cost of publishing a book falls over time as the publisher acquires more experience.
  D) the cost of a publishing a book is not subject to diminishing marginal returns.
Microeconomics ¦ Perloff ¦ 8th Edition
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Silverbeard98

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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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sjones

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

kswal303

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Reply 3 on: Yesterday
Wow, this really help

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