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Skip to main content. Week 2 Questions and Recommended Answers. Week 6 - Group Problems - Market Power and Game Theory. 1 A monopoly firm is different from a competitive firm in that. A there are many substitutes for a monopolists product while there are no substitutes for a competitive firms product. B a monopolists demand curve is perfectly inelastic while a competitive firms demand curve is perfectly elastic. C a monopolist can influence market price while a competitive firm cannot. B 20,000 per.

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Skip to main content. Week 2 Questions and Recommended Answers. Week 6 - Group Problems - Market Power and Game Theory. 1 A monopoly firm is different from a competitive firm in that. A there are many substitutes for a monopolists product while there are no substitutes for a competitive firms product. B a monopolists demand curve is perfectly inelastic while a competitive firms demand curve is perfectly elastic. C a monopolist can influence market price while a competitive firm cannot. B 20,000 per.

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The domain introductiontomicroeconomics.wikispaces.com has the following on the web site, "Week 2 Questions and Recommended Answers." I observed that the webpage also said " Week 6 - Group Problems - Market Power and Game Theory." They also stated " 1 A monopoly firm is different from a competitive firm in that. A there are many substitutes for a monopolists product while there are no substitutes for a competitive firms product. B a monopolists demand curve is perfectly inelastic while a competitive firms demand curve is perfectly elastic. C a monopolist can influence market price while a competitive firm cannot."

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