A monopolistic firm is a:

a. price taker that faces the market supply curve.
b. price taker that faces the market demand curve.
c. price maker that faces the market supply curve.
d. price maker that faces the market demand curve.

d

Economics

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Indicate whether the statement is true or false

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A change in the supply of labor will shift the long-run aggregate supply curve.

a. true b. false

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