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Author Question: In the two-period dynamic monopoly, if the monopolist succeeds in selling a sufficiently high ... (Read 80 times)

Mollykgkg

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on: Jul 1, 2018
In the two-period dynamic monopoly, if the monopolist succeeds in selling a sufficiently high quantity in the first period,
 
  A) the second-period demand curve will lie close to the price axis.
  B) the second-period demand curve will become horizontal.
  C) the second-period demand curve will become unit elastic.
  D) the second-period demand curve will shift substantially to the right.

Question 2

Suppose market demand is Q = 1000 - 4p. If all firms have LRAC = 50 - 5q + q2, how many identical firms will there be when this industry is in long-run equilibrium?
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
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T4T

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mollykgkg

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Reply 2 on: Jul 1, 2018
Excellent

gcook

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

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