A monopoly that engages in price limiting to try to keep competitors away will have less deadweight

stars_and_moon

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7 years ago

A monopoly that engages in price limiting to try to keep competitors away will have less deadweight

A monopoly that engages in price limiting to try to keep competitors away will have less deadweight loss than if the monopoly does not engage in price limiting.
A) True
B) False

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kingby

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stars_and_moon Author

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7 years ago

Perfectly answered Smiling Face with Open Mouth

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kingby

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7 years ago

I was slightly debating this one, thanks for the feedback

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