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Author Question: A monopolist changes price from 1 to 2 and sells 10 fewer units. The marginal revenue is A) 10. ... (Read 105 times)

wrbasek0

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on: Jul 1, 2018
A monopolist changes price from 1 to 2 and sells 10 fewer units. The marginal revenue is
 
  A) 10.
  B) -10.
  C) 0.
  D) impossible to determine with the information provided.

Question 2

A horizontal demand curve for a firm implies that
 
  A) the firm is a monopoly.
  B) the market the firm is operating in is not competitive.
  C) the firm is selling in a competitive market.
  D) the products of that firm are very different from other firms' products.
Microeconomics ¦ Perloff ¦ 8th Edition
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mjenn52

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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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wrbasek0

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

bbburns21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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