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Author Question: A market where there is only one buyer for a good or service is called a monopoly. (Read 28 times)

rayancarla1

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on: Apr 19, 2019

Question 1

The ________ substitutes there are for a product, the ________ the demand for that product is likely to be.


◦ fewer; less elastic
◦ fewer; less inelastic
◦ more; less elastic
◦ more; more inelastic

Question 2

A market where there is only one buyer for a good or service is called a monopoly.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by rayancarla1 on Apr 19, 2019

jonathanballen97

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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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rayancarla1

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

ghepp

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Reply 3 on: Yesterday
:D TYSM

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