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    Microeconomics Study Set 49
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    Exam 11: Monopoly and Monopsony
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    IEPR Applies to Any Firm Facing a Downward-Sloping Demand Curve
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IEPR Applies to Any Firm Facing a Downward-Sloping Demand Curve

Question 71

Question 71

True/False

IEPR applies to any firm facing a downward-sloping demand curve for its products, not just a monopolist.

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