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Author Question: Relative to a profit-maximizing monopolized industry that is producing 8,000 units of output at a ... (Read 70 times)

renzo156

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on: Apr 19, 2019

Question 1

Relative to a profit-maximizing competitively organized industry that is producing 3,000 units of output at a price of $5 per unit, a monopoly under the same circumstances would produce ________ units of output and charge a price of ________ per unit.


◦ 3,000; $5
◦ more than 3,000; more than $5
◦ less than 3,000; less than $5
◦ less than 3,000; more than $5

Question 2

Relative to a profit-maximizing monopolized industry that is producing 8,000 units of output at a price of $10 per unit, a competitively organized industry under the same circumstances would produce ________ units of output and charge a price of ________ per unit.


◦ 8,000; $10
◦ less than 8,000; less than $10
◦ more than 8,000; less than $10
◦ less than 8,000; more than $10
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by renzo156 on Apr 19, 2019

bulacsom

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Reply #1 on: Apr 19, 2019
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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renzo156

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Reply #2 on: Apr 19, 2019
TY


bulacsom

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Reply #3 on: Apr 19, 2019
You're welcome


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