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Author Question: Economists assume that firms seek to a. maximize accounting profit b. maximize economic profit c. ... (Read 196 times)

c0205847

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on: Jun 30, 2018
Economists assume that firms seek to
 a. maximize accounting profit
  b. maximize economic profit
  c. maximize total revenue
  d. maximize normal profit
  e. minimize cost

Question 2

Average revenue, demand, and price are all depicted by the same curve for a monopoly.
 a. True
  b. False


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tanna.moeller

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

B

Answer to Question 2

A


c0205847

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

kjohnson

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

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