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Author Question: Refer to Figure 14-4. How will Rainbow Writer respond to Odeon's two possible offers? A) Rainbow ... (Read 295 times)

dbose

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Refer to Figure 14-4. How will Rainbow Writer respond to Odeon's two possible offers?
 
  A) Rainbow Writer will only accept an offer of 30 per copy of the software package.
  B) Rainbow Writer will only accept an offer of 40 per copy of the software package.
  C) Rainbow Writer will reject either offer.
  D) Rainbow Writer will accept either offer.

Question 2

If, as a perfectly competitive industry expands, it can supply larger quantities only at a higher long-run equilibrium price, it is
 
  A) a decreasing-cost industry. B) a fixed-cost industry.
  C) a constant-cost industry. D) an increasing-cost industry.


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xiazhe

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dbose

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


mjenn52

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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