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TRUE OR FALSE: (i) Let ABC Corp. be a monopolist. That ABC charges customer X the same price as customer Y should be interpreted by
TRUE OR FALSE:
(i) Let ABC Corp. be a monopolist. That ABC charges customer X the same price as customer Y should be interpreted by Industry Canada as proof that ABC is not discriminating between customer X and customer Y.
(ii) Economic theory suggests that the Department of Finance should consider replacing the federal excise tax on gasoline, which is a specific tax, with an ad valorem tax.
(iii) With regard to the acquisition of human capital, earnings uncertainty compounds the inefficiencies caused by capital market imperfections.
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