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Business, 10.12.2019 06:31 tyijiapostell

Drag the correct words or phrases into the blanks to complete the following paragraph. a monopolist follows the same – rule as a firm in a competitive market: produce until marginal cost equals marginal revenue. as prices go –, the monopolist gains more customers. at the same time, this – the revenue from each individual customer, including the existing ones. however, up to a certain point the increased sales volume – the revenue loss from the price decrease.

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