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Author Question: Refer to the above figure. An unregulated natural monopolist would choose A) output rate of Q1 ... (Read 290 times)

crobinson2013

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on: Jun 29, 2018
Refer to the above figure. An unregulated natural monopolist would choose
 
  A) output rate of Q1 and price P2.
  B) output rate Q1 and price P5.
  C) output rate Q3 and price P3.
  D) output rate Q4 and price P1.

Question 2

Deflation refers to a situation in which
 
  A) the inflation rate decreases.
  B) the average of all prices is falling.
  C) there is a recession and inflation.
  D) prices are not changing.


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diesoon

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


crobinson2013

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Zebsrer

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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