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Author Question: A profit-maximizing monopolist A) is guaranteed to lose money because of a lack of competition. ... (Read 34 times)

cnetterville

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on: Jul 1, 2018
A profit-maximizing monopolist
 
  A) is guaranteed to lose money because of a lack of competition.
  B) is not guaranteed to make a positive profit.
  C) is guaranteed to make a positive profit, hence the desire to be a monopolist.
  D) is guaranteed to make a non-negative profit, otherwise government would step in to assist.

Question 2

Many used car owners and used car dealers describe their different cars for sale in the local newspapers and list their asking price. Many people shopping for a used car consider the different choices listed in the paper. The market for used cars could be described as
 
  A) relatively competitive.
  B) perfectly competitive.
  C) non-competitive.
  D) having high transaction costs.
Microeconomics ¦ Perloff ¦ 8th Edition
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hramirez205

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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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cnetterville

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

nathang24

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Reply 3 on: Yesterday
:D TYSM

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