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Author Question: It is more profitable for a firm to be_______ than ________ a. In perfect competition; monopolists ... (Read 29 times)

KimWrice

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It is more profitable for a firm to be_______ than ________
 a. In perfect competition; monopolists
 b. A monopolists; in perfect competition
  c. Not in business; in business
 d. All of the above

Question 2

In a common-value auction
 a. No bidder knows what the exact value of the item being auctioned
  b. Each bidder knows the exact value of the item
 c. The value is different for each bidder
 d. All of the above



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trog

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Answer to Question 1

b

Answer to Question 2

a




KimWrice

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Reply 2 on: Jul 1, 2018
Gracias!


alexanderhamilton

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

 

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