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Author Question: A perfectly competitive firm is a price taker, but a monopoly is a price maker. a. True b. False ... (Read 106 times)

stock

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on: Jun 30, 2018
A perfectly competitive firm is a price taker, but a monopoly is a price maker.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Typically, marginal utility is higher when a person consumes less of a good.
 a. True
  b. False
  Indicate whether the statement is true or false


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Edwyer

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

True

Answer to Question 2

True


stock

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Reply #2 on: Jun 30, 2018
Thank you :)


Edwyer

  • Sr. Member
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Reply #3 on: Jun 30, 2018
Happy to help you


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