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    Principles of Microeconomics Study Set 10
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    Exam 15: Monopoly
  5. Question
    Economists Assume That Monopolists Behave as
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Economists Assume That Monopolists Behave as

Question 506

Question 506

Multiple Choice

Economists assume that monopolists behave as


A) cost minimizers.
B) profit maximizers.
C) price maximizers.
D) maximizers of social welfare.

Correct Answer:

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