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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
If a monopoly has negative profits it must be true that
A) the monopoly must not be producing the profit maximizing quantity.
B) the monopoly must not be selling for the profit maximizing price.
C) Either A or B is true.
D) Neither A nor B has to be true.
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kingbykingby
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#1
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Posts: 3218
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8 years ago
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#2
8 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
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#3
8 years ago
Yup, vote with confidence!
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