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QUESTION 2 Classify the following statement as true or false

Economics

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QUESTION 2 Classify the following statement as true or false. Justify the answer. The justification is more important than the classification An increase in the interest rate cannot decrease a saver's future consumption.

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Classify the following statement as true or false. Justify the answer. The justification is more important than the classification In a monopolistic market the demand function is Q-100 - 2P. The monopolist's marginal cost function is MCQ) - 40. If the monopolist cannot price-discriminate then it will produce 10 units of the good.