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Author Question: Firms in imperfectly competitive industries are price takers. (Read 33 times)

luminitza

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Question 1

A firm has market power if it can raise the price of its product and still sell product to customers.


◦ true
◦ false

Question 2

Firms in imperfectly competitive industries are price takers.


◦ true
◦ false


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Marked as best answer by luminitza on Apr 19, 2019

Ddddd

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luminitza

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Reply 2 on: Apr 19, 2019
Excellent


yeungji

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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