FINAL EXAM MICROECONOMICS FALL. 2017 (5) (Protected View) - Word Robert, Daniell

Question

FINAL EXAM MICROECONOMICS FALL. 2017 (5) (Protected View) - Word Robert, Danielle - File Home Insert Draw Design utReferences Mailings Review View Tell me what you want to do PROTECTED VIEW Be carefu-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. En Enable Editing 56 0 Quantity Firm A 0 Quantity Firm B Refer to the diagrams. Firm A is a A. pure competitor and Firm B is a pure monopoly B. pure competitor, as is Firm B C. pure monopoly and Firm B is a pure competitor D. pure monopoly, as is Firm B Use the following to answer questions: 57 and 58 Figure 7.2 Page 15 or 18 2584 words + 100% O Type here to search 4:21 PM 12/3/2017

Explanation / Answer

Answer
Option A
the firm A have horizontal demand curve so it is the pure competitor and the firm B have downward demand curve so it is the monopoly

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