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Author Question: Refer to the above figure. An unregulated natural monopolist would choose A) output rate of Q1 ... (Read 291 times)

crobinson2013

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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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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


mohan

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Reply 3 on: Yesterday
Excellent

 

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