[Answered] In the short run, a monopolist: a. always earns an economic profit. b. never earns an economic ...

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Author Question: In the short run, a monopolist: a. always earns an economic profit. b. never earns an economic ... (Read 217 times)

Pineappleeh

Hero Member
Posts: 585

on: Jun 30, 2018

In the short run, a monopolist:
a. always earns an economic profit.
b. never earns an economic profit.
c. never earns an accounting profit.
d. None of the above are correct.

Question 2

The total tariff revenue to the government of an imported good is found by adding the tariff to the quantity of the good imported.
a. True
b. False
Indicate whether the statement is true or false

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jharrington11

Sr. Member
Posts: 365

Reply #1 on: Jun 30, 2018

Answer to Question 1

d

Answer to Question 2

False

Pineappleeh

Hero Member
Posts: 585

Reply #2 on: Jun 30, 2018

Thank you

jharrington11

Sr. Member
Posts: 365

Reply #3 on: Jun 30, 2018

Happy to help you

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Author Question: In the short run, a monopolist: a. always earns an economic profit. b. never earns an economic ... (Read 217 times)

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