Question: Please answer correct explain plz asap plz both are questions Don't answer by pen paper plz B. Study Questions and Problems #8 Note: For simplicity,

Please answer correct explain plz asap plz both are questions

Don't answer by pen paper plz

Please answer correct explain plz asap plz both are questionsDon't answer bypen paper plz B. Study Questions and Problems #8 Note: For simplicity,assume the monopolist always faces a linear demand curve. For a monopolist,

B. Study Questions and Problems #8 Note: For simplicity, assume the monopolist always faces a linear demand curve. For a monopolist, the profit-maximizing point where MR = MC will always occur on the portion of the demand curve. Thus, a monopolist will never produce on the " range of the demand curve.A monopolist is a and, therefore, faces a demand curve. A perfectly competitive firm is a and, therefore, faces a demand curve.Indicate whether each statement in the following table is true or false. . True False All monopolies are created by the government. O A firm producing a network good can achieve economies of scale and bring about a natural monopoly. O A monopolist will seek to produce a quantity where marginal revenue is less than marginal cost. O

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