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Author Question: A monopoly can gain more from a discovery than someone else who makes the same discovery for the ... (Read 77 times)

bb

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on: Jul 1, 2018
A monopoly can gain more from a discovery than someone else who makes the same discovery for the industry.
 
  Indicate whether the statement is true or false

Question 2

________ saw the home as a workplace which could be made more efficient. Her husband Frank (an efficiency expert in factories) wrote a book about their marriage and twelve children, Cheaper by the Dozen, which has been made into movies.
 
  a. Eleanor Shively
  b. Evelyn Draper
  c. Ellen R. Richards
  d. Lillian Gilbreth


Liamb2179

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Reply #1 on: Jul 1, 2018
Answer to Question 1

F The non-monopolist starts from a much less profitable position in the industry, and for that reason can gain more than the monopolist.

Answer to Question 2

D


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