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      Question

      BPKP is about natural farming while in organic farming farmer can purchase inputs from outside. (1) The demand curve is a horizontal straight line in perfect competition (2) Monopoly makes super-normal profits with barriers to entry

      A Both 1 and 2 Correct Answer Incorrect Answer
      B Neither 1 nor 2 Correct Answer Incorrect Answer
      C Only 2 Correct Answer Incorrect Answer
      D Only 1 Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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