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Author Question: The government has both encouraged and discouraged the creation of monopolies. Indicate whether ... (Read 19 times)

stevenposner

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on: Jun 29, 2018
The government has both encouraged and discouraged the creation of monopolies.
 
  Indicate whether the statement is true or false

Question 2

The downward slope of a demand curve
 
  A) represents the law of demand.
  B) shows that as the price of a good rises, consumers increase the quantity they demand.
  C) indicates how the quantity demanded changes when incomes rise and the good is a normal good.
  D) indicates how demand changes when incomes rise and the good is a normal good.
  E) indicates how demand changes when the price changes and the good is a normal good.


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karmakat49

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

TRUE

Answer to Question 2

A


stevenposner

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

scottmt

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Reply 3 on: Yesterday
Excellent

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