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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: If a perfectly competitive industry is taken over by a single firm that operates as a single-price m
Post by: Loraine on Jun 21, 2015
If a perfectly competitive industry is taken over by a single firm that operates as a single-price monopoly, the price will ________ and the quantity will ________.
A) fall; decrease
B) fall; increase
C) rise; decrease
D) rise; increase
E) not change; decrease


Title: Re: If a perfectly competitive industry is taken over by a single firm that operates as a single-pri
Post by: VincenzoD on Jul 25, 2015
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