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Author Question: If both firms in a duopoly increase their production by one unit beyond the monopoly output, each ... (Read 54 times)

jessicacav

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on: May 24, 2019
If both firms in a duopoly increase their production by one unit beyond the monopoly output, each firm's profit ________ and the total profit of the duopoly ________.
◦ increases; increases
◦ does not change; does not change
◦ decreases; decreases
◦ does not change; increases
◦ decreases; does not change
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by jessicacav on May 24, 2019

Ksanderson1296

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Reply #1 on: May 24, 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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jessicacav

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Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

carojassy25

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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