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kap26 [50]
3 years ago
12

Bob owns a trout farm with monopoly power in North Carolina. Bob's optimal output occurs where marginal revenue _____ marginal c

ost. Because of monopoly power, Bob's supply curve _____.
A) equals marginal cost; does not exist
B) exceeds marginal cost: does not exist
C) equals marginal cost: is upward-sloping
D) exceeds marginal cost; is perfectly inelastic
Business
1 answer:
Neko [114]3 years ago
8 0

Answer and Explanation:

C) equals marginal cost: is upward-sloping

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According to Mesmer-Magnus and Viswesvaran, organizational employees have three options to address an unsatisfactory situation faced within an organization. These include: exiting the organization, remaining silent, voice discontent.

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