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Homework answers / question archive / The nondiscriminating monopolist's demand curve (i) is less elastic than a purely competitive firm's demand curve (ii) is perfectly elastic (iii) coincides with its marginal revenue curve (iv) is perfectly inelastic
The nondiscriminating monopolist's demand curve
(i) is less elastic than a purely competitive firm's demand curve
(ii) is perfectly elastic
(iii) coincides with its marginal revenue curve
(iv) is perfectly inelastic
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