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itpf04 itpf04
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A year ago
Consider a profit-maximizing single-price monopolist that faces a linear demand curve. The firm sets price where the price elasticity of demand is

▸ less than one.

▸ greater than one.

▸ infinite.

▸ one.

▸ zero.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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KocojdaKocojda
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A year ago
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