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Author Question: If the government regulates the price a monopoly can charge, and the price ceiling is set below what ... (Read 45 times)

dmcintosh

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on: Jul 1, 2018
If the government regulates the price a monopoly can charge, and the price ceiling is set below what the competitive market price would be, then
 
  A) a shortage will exist.
  B) a surplus will exist.
  C) producer surplus is maximized.
  D) consumer surplus is maximized.

Question 2

If the long-run supply curve in a perfectly competitive industry is upward sloping, this is because
 
  A) firms are different.
  B) firms are identical.
  C) input prices rise as the industry expands.
  D) Either A or C.
Microeconomics ¦ Perloff ¦ 8th Edition
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pallen55

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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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dmcintosh

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
Wow, this really help

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