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    Microeconomics Theory and Applications Study Set 2
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    Exam 11: Monopoly
  5. Question
    When the Marginal Cost for a Monopoly Firm Is Constant,the
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When the Marginal Cost for a Monopoly Firm Is Constant,the

Question 83

Question 83

Multiple Choice

When the marginal cost for a monopoly firm is constant,the average cost curve is _____.


A) U-shaped
B) horizontal
C) positively sloped
D) non-linear

Correct Answer:

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