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    Microeconomics Study Set 3
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    Exam 11: Monopoly
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    -The Above Figure Shows the Demand and Cost Curves Facing
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-The Above Figure Shows the Demand and Cost Curves Facing

Question 106

Question 106

Multiple Choice

  -The above figure shows the demand and cost curves facing a monopoly.At the profit-maximizing price,the elasticity of demand equals A)  -1. B)  zero. C)  infinity. D)  -3.
-The above figure shows the demand and cost curves facing a monopoly.At the profit-maximizing price,the elasticity of demand equals


A) -1.
B) zero.
C) infinity.
D) -3.

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