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    Helpmesally11's Avatar
    Helpmesally11 Posts: 5, Reputation: 1
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    #1

    Nov 18, 2008, 01:56 PM
    The best way for a single firm in perfect competition to earn profit is to.
    A. Raise its price
    b.lower its price
    c.keep its costs low
    d. Advertise its products
    Helpmesally11's Avatar
    Helpmesally11 Posts: 5, Reputation: 1
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    #2

    Nov 18, 2008, 02:00 PM
    In practice monopolies
    A. Sometime fail to earn a profit
    B. always earn a large profit
    c. always earn some profit
    d. rarely earn any profit
    Helpmesally11's Avatar
    Helpmesally11 Posts: 5, Reputation: 1
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    #3

    Nov 18, 2008, 02:03 PM
    Government antitrust activity tries to prohibit all businesses that monopolize market
    True or false
    Helpmesally11's Avatar
    Helpmesally11 Posts: 5, Reputation: 1
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    #4

    Nov 18, 2008, 02:05 PM
    Many people believe monopolies are prevented from abusing consumers by
    a. Their own sense of community duty
    b. consumers not purchasing their products because of their high prices
    c. a fear that if they abuse consumers they will be punished by the government
    d. their inability to both charge high prices and maintain monopoly power
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
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    #5

    Nov 18, 2008, 02:12 PM
    Thank you for taking the time to copy your homework to AMHD.
    Please refer to this announcement: Ask Me Help Desk - Announcements in Forum : Homework Help
    Lowtax4eva's Avatar
    Lowtax4eva Posts: 2,467, Reputation: 190
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    #6

    Nov 18, 2008, 02:15 PM

    The answers are

    1. E
    2. Mostly
    3. E

    As I assume like many people you will not read the link posted it simply says that we will not do your homework for you in this community. If you can show that you are trying and are confused about one part of the subject matter someone will help.
    Helpmesally11's Avatar
    Helpmesally11 Posts: 5, Reputation: 1
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    #7

    Nov 18, 2008, 02:17 PM

    Please I tried and can't find any of them
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