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Author Question: A single-price monopolist produces closer to the competitive level than a discriminating monopolist. ... (Read 103 times)

abc

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on: Jun 30, 2018
A single-price monopolist produces closer to the competitive level than a discriminating monopolist.
  Indicate whether the statement is true or false

Question 2

Which of the following is an assumption of the monopoly model?
 a. There exists a large number of buyers and sellers.
  b. There are no close substitutes of the good.
  c. The firm faces a horizontal demand curve.
  d. There is free entry and exit of firms.
  e. The firm is a price taker.


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Jane

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Reply #1 on: Jun 30, 2018
Answer to Question 1

F

Answer to Question 2

b


abc

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Reply #2 on: Jun 30, 2018
Thank you


Jane

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Reply #3 on: Jun 30, 2018
No problemo


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