Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
b
2
M
2
V
2
f
2
c
2
c
2
K
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
nguyenduong67 nguyenduong67
wrote...
Go to Answer
Posts: 1028
Rep: 0 0
7 years ago
Which of the following is NOT a characteristic of a monopoly?
A) A monopolist is a price-taker.
B) There are no close substitutes for a monopolist's product.
C) A monopolist faces a downward-sloping demand curve.
D) After the first unit, the monopolist's marginal revenue is always less than its price.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
Read 46 times
1 Reply
Replies
Answer verified by a subject expert
tristiontristion
wrote...
#1
Top Poster
Posts: 717
Rep: 6 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

nguyenduong67 Author
wrote...

7 years ago
Correct Slight Smile TY
MLynneMcMillan
wrote...

Yesterday
This site is awesome
sakoon
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  430 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 628
  
 4519
  
 399
Your Opinion
What's your favorite coffee beverage?
Votes: 305
Previous poll results: What's your favorite math subject?