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Author Question: If all of a monopolist's costs are fixed costs, it will produce where demand is unit elastic. a. ... (Read 101 times)

beccaep

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on: Jun 30, 2018
If all of a monopolist's costs are fixed costs, it will produce where demand is unit elastic.
 a. True
  b. False

Question 2

Public policy can help achieve more efficient use of an economy's resources by eliminating all monopolies.
 a. True
  b. False


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Edwyer

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

A

Answer to Question 2

B


beccaep

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

strudel15

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

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