3 If a monopoly's fixed costs increase, its price will __ and its profit wil l __...
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3 If a monopoly's fixed costs increase, its price will __ and its profit wil l __ .
a increase, decrease b decrease, increase c increase, stay the same d stay the same, decrease
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Related Book For
Principles Of Microeconomics
ISBN: 125206
8th Edition
Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw
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