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Author Question: The following diagram shows cost and revenue curves of a monopolist.The profit maximising price is P5. (Read 71 times)

ssal

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Question 1

A monopolist will always sell in the inelastic portion of its demand curve.
◦ true
◦ false

Question 2

The following diagram shows cost and revenue curves of a monopolist.



The profit maximising price is P5.
◦ true
◦ false


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Marked as best answer by ssal on May 25, 2020

canderson530

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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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ssal

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


jackie

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

 

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