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MMLU-Pro / 6984 / Unlike a perfectly competitive firm, a monopoly

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Unlike a perfectly competitive firm, a monopoly

category

economics

options

  1. operates in an industry with easy entry and exit
  2. will charge the highest price it can on the demand curve
  3. will always make a profit in the short run
  4. can increase its profit by increasing its output
  5. faces a perfectly elastic demand curve
  6. faces a downward sloping demand curve
  7. has an upward sloping total revenue curve
  8. has a downward sloping total revenue curve
  9. faces an upward sloping demand curve
  10. has a horizontal marginal revenue curve

src

ori_mmlu-high_school_microeconomics

Discussion

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Source and history

upstream_id / Original problem ID
6984
task_id
1c534f92-3937-5094-b20b-23ceeaff2bc0
task_key
default--test--6984
task_revision_id
1
config / split
default / test

Official source

initial import