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Author Question: Internet auctions a. allow specialized sellers to reach many customers at low cost b. allow ... (Read 84 times)

burchfield96

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Internet auctions
 a. allow specialized sellers to reach many customers at low cost
  b. allow specialized buyers to reach many sellers at low cost
  c. always take the form of a Dutch auction
  d. always take the form of an English open outcry auction
  e. are rapidly being replaced by continuous open outcry auctions

Question 2

Compared to a perfectly competitive market, a monopoly tends to produce
 a. more output and charge a higher price
  b. the same amount of output, but charge a higher price
  c. less output and charge a higher price
  d. less output and charge the same price
  e. less output and charge a lower price



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essyface1

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Answer to Question 1

A

Answer to Question 2

C




burchfield96

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Reply 2 on: Jun 30, 2018
Gracias!


Liddy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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