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berry berry
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A year ago
Tobac Co. is a monopolist in the cigarette market in the Nicotiana Republic, where the U.S. dollar is used as the official currency. The firm faces the demand curve shown below.




What is the slope of this demand curve?

▸ 1/50

▸ 50

▸ 25

▸ 1/25
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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raouldukraoulduk
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A year ago
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