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NEW QUESTION: 1
In order to increase the amount of output sold, a monopoly must:
A. Increase the price of the last unit sold but maintain the price of all previous units sold constant.
B. Decrease the price of the last unit sold but maintain the price of all other units sold constant.
C. Decrease the price on all units sold.
Answer: C
Explanation:
The price of all units of output sold must decrease.
NEW QUESTION: 2
An example of the waste of mismanaged Inventory is __________.
A. Value decrease from aged inventory
B. Capital costs of money
C. Cost of storage space
D. All of these answers are correct
Answer: D
NEW QUESTION: 3
Rbi is focused on a systematic determination of
A. Relative risks
B. Total risks
C. Comparable risks
D. Absolute risks
Answer: A
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