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21,22Which of the following statements is not true? A monopolist's marginal revenue is always less than the price because of the down-ward sloping demand curve.

21,22Which of the following statements is not true?

A monopolist's marginal revenue is always less than the price because of the down-ward sloping demand curve.

Price discriminations always give a more profit for a monopolist.

A monopolist can face government regulations.

A monopolist usually charges a higher price than a competitive price, while it sells more units than a competitive firm for a more profit.

Which of the following statements is not true?

In case of a monopoly market, governments sometimes try to privatize to increase consumer surplus.

In case of a monopoly market, some CS is transferred to monopoly profit.

In case of a monopoly market, the firm produces where MR=MC.

In case of a monopoly market, the US government uses the Herfindahl-Hirschman Index to measure the degree of market concentration.

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