2. A monopolist sets a price equal to MR. 3. A monopolist faces a downward- sloping MR curve. 4. A monopolist faces a perfectly elastic demand curve.

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A: Aggregate expenditure is the sum of consumption, investment, government spending and net exports.

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A: Question 1 is only answered. Post the remaining question again.      

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Q: 7

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Q: Price $11.00

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A:

Q: 4. (Table) Based on the table, what price does J Output Marginal Cost Total Revenue 1,200 1,300 1,40...

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A:

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Q: 70 Supply 60 50 40 30 20 10 Demand 1000 2000 3000 4000 5000 6000 7000 8000 Quantity (number of hours...

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