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Satsume Satsume
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6 years ago
Which of the following is NOT true regarding monopoly?
A) Monopoly is the sole producer in the market.
B) Monopoly price is determined from the demand curve.
C) Monopolist can charge as high a price as it likes.
D) Monopoly demand curve is downward sloping.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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oracledarrenoracledarren
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#1
Posts: 455
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6 years ago
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Satsume Author
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6 years ago
Good timing, thanks!
kobbhy
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Yesterday
Brilliant ツ
aznzergs
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2 hours ago
Thanks
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