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Business, 22.04.2020 03:01 NidaFurqan
When the demand for a monopolist falls, the marginal revenue also shifts left and will intersect the marginal cost at a [lower / higher] output level. The output rate will [increase / decrease], and economic profits will likely [decrease / increase].
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When the demand for a monopolist falls, the marginal revenue also shifts left and will intersect the...
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