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    Economics Principles and Policy Study Set 2
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    Exam 12: Monopoly
  5. Question
    Since a Monopolist Firm Will Lose Some Customers When the Price
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Since a Monopolist Firm Will Lose Some Customers When the Price

Question 24

Question 24

True/False

Since a monopolist firm will lose some customers when the price is increased, it will make every effort to keep the price as low as possible.

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