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kieraahern kieraahern
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6 years ago
When comparing perfect competition and monopoly, a major assumption made is that
A) the monopolist faces a downward sloping demand curve.
B) consumers only care about the price of the good and not whether the seller is a monopoly or not.
C) the costs of production are the same under monopoly as under perfect competition.
D) the monopolist can make an above normal rate of return.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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brandanb6brandanb6
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6 years ago
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kieraahern Author
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#2
6 years ago
TY!
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#3
6 years ago
You're welcome
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