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Author Question: Antitrust policy has no relationship to socially desirable market performance. a. True b. ... (Read 124 times)

colton

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Antitrust policy has no relationship to socially desirable market performance.
 a. True
  b. False

Question 2

Long-run expansion in an increasing-cost industry increases each firm's marginal and average costs by
 a. saving money on per-unit production costs
  b. bidding up the price of resources
  c. holding the price of resources constant
  d. forcing down the price of resources
  e. bidding up each firm's marginal revenue



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Answer to Question 1

B

Answer to Question 2

B




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