A monopoly is likely to charge a higher price than an otherwise similar competitive industry would ...

Author Question: A monopoly is likely to charge a higher price than an otherwise similar competitive industry would ... (Read 45 times)

Mr. Wonderful

Hero Member
Posts: 866

on: Jun 30, 2018

A monopoly is likely to charge a higher price than an otherwise similar competitive industry would be.
a. True
b. False

Question 2

Marginal revenue is the change in total revenue from using one more unit of an input in the short run.
a. True
b. False

Fayaz00962

Sr. Member
Posts: 330

Reply #1 on: Jun 30, 2018

Answer to Question 1

A

Answer to Question 2

B

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Mr. Wonderful

Hero Member
Posts: 866

Reply #2 on: Jun 30, 2018

Thank you

Fayaz00962

Sr. Member
Posts: 330

Reply #3 on: Jun 30, 2018

Happy to help you

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Author Question: A monopoly is likely to charge a higher price than an otherwise similar competitive industry would ... (Read 45 times)

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