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Author Question: When a monopolist sells two units of output per period of time its total revenue is 150. When a ... (Read 38 times)

@Brianna17

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on: May 25, 2020

Question 1

For a monopolist to sell more units of output without increasing advertising
◦ the price of the output must be increased.
◦ demand must become more elastic.
◦ the other competing firms must sell fewer units.
◦ the price of the output must be reduced.

Question 2

When a monopolist sells two units of output per period of time its total revenue is £150. When a monopolist sells three units of output its total revenue, is £210. When the monopolist sells three units of output, the price per unit is
◦ £72.
◦ £60.
◦ £20.
◦ £70.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by @Brianna17 on May 25, 2020

juiceman1987

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Reply #1 on: May 25, 2020
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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@Brianna17

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Reply 2 on: May 25, 2020
Wow, this really help

alvinum

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

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