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    Microeconomics Theory Study Set 1
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    Exam 11: Monopoly and Monopsony
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    If a Monopoly Is Operating on the Demand Curve Where
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If a Monopoly Is Operating on the Demand Curve Where

Question 95

Question 95

Multiple Choice

If a monopoly is operating on the demand curve where price elasticity is equal to -3,and price equals 3,then MR is equal to


A) -1.
B) 1.
C) -2.
D) 2.

Correct Answer:

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