ECON 101 Saudi Electronic University Micro economics Questions Paper
Question Description
– please use your own words dont copy and paste ( no plagiarism)
– please use keyboard (don’t use handwriting)
– no pictures containing text
- Explain the effects of low price-guarantee on the price.
- If a group of sellers could form a cartel, what quantity and price would they try to set?
- What do you understand by discriminatory monopoly? Bring out the conditions that enables the monopoly firm to charge different prices for its product in different markets.
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