Author Question: A monopolist restricts output and charges a higher price relative to what would occur if a market ... (Read 80 times)

colton · **on:** Jun 30, 2018

A monopolist restricts output and charges a higher price relative to what would occur if a market were perfectly competitive.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Trade between industrial countries account for the majority of international trade.
a. True
b. False
Indicate whether the statement is true or false