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cure https/faytechcc blackboard c ssessment/nake/launch.jsp'course assessment.id 78571 18kcourse.id 13672 1& content id 2267 QUESTION 1 1.00000 A monopolized market is characterized by all of the above a single firm facing the market demand curve very strong barmiers to entry Oa sole seller of a product for which there are few suitable substitutes QUESTION 2 1.00000 poin A monopoly will price its product at that point on the market demand curve which intersects the marginal cost curve where total revenue is maximized where total costs are minimized at that point on the market demand curve corresponding to an output level in which marginal revenue equals marginal cost 153657) Cliek Save and Subrait to save and subwer Ciok Sove Au Aers to,n all ansers Save All Answors e to search ax 6 8 9

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