MCQOPTIONS
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MCQOPTIONS
| 1. |
The price charged by a monopoly hardware firm . |
| A. | increases with consumers’ love for software variety parameter, α; consumers’ income, ω; and the number of consumers buying this machine, η |
| B. | decrease with consumers’ love for software variety parameter, α; consumers’ income, ω; and the number of consumers buying this machine, η |
| C. | increases with consumers’ love for software variety parameter, α; consumers’ income,ω; and decrease in the number of consumers buying this machine, η |
| D. | increases with consumers’ love for software variety parameter, α; decrease in consumers’ income, ω; and the number of consumers buying this machine, η |
| Answer» B. decrease with consumers’ love for software variety parameter, α; consumers’ income, ω; and the number of consumers buying this machine, η | |