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    Microeconomics Study Set 49
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    Exam 11: Monopoly and Monopsony
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    A Monopolist and a Perfectly Competitive Firm Both Charge a Price
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A Monopolist and a Perfectly Competitive Firm Both Charge a Price

Question 13

Question 13

True/False

A monopolist and a perfectly competitive firm both charge a price based on the demand curve facing the firm and the costs borne by the firm.

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