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Author Question: If a monopoly can produce a good at zero marginal cost, then its Lerner Index is A) zero. B) ... (Read 55 times)

Garrulous

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on: Jul 1, 2018
If a monopoly can produce a good at zero marginal cost, then its Lerner Index is
 
  A) zero.
  B) one.
  C) infinity.
  D) undetermined.

Question 2

If a competitive firm's marginal profit is positive at an output of 1000 units,
 
  A) at 1000 units, MR = MC.
  B) it should produce more than 1000 units.
  C) it should produce less than 1000 units.
  D) at 1000 units, MR < MC.
Microeconomics ¦ Perloff ¦ 8th Edition
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apple

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Garrulous

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

skipfourms123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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