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Author Question: All else equal, when a monopolist increases its price, revenue will fall because of the lost sales. ... (Read 22 times)

cherise1989

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on: Jun 30, 2018
All else equal, when a monopolist increases its price, revenue will fall because of the lost sales.
 a. True
  b. False

Question 2

When a court uses the per se rule to interpret the Sherman Antitrust Act, its ruling is based on market conduct alone.
 a. True
  b. False


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sylvia

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

B

Answer to Question 2

A


cherise1989

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

ebonylittles

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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