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Questions (5)
What is the difference between less elastic and more elasic? and which is better?
1 answer
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A policy of average-cost pricing will intially ______ price for a natural monopoly, but as costs increase, price will _______.
A.
1 answer
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A policy of average-cost pricing will intially ______ price for a natural monopoly, but as costs increase, price will _______.
A.
0 answers
583 views
An increase in the price of a good
A.increases the opportunity cost of consuming the good. B. decreases the opportunity cost of
2 answers
679 views
As price falls along the elastic portion of a linear demand curve, _______ decrease while _______ increase.
Answers. A. only
1 answer
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Answers (1)
thanks u so much!!