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Author Question: Production costs are likely to rise after an average-cost pricing policy is mandated because the ... (Read 17 times)

biggirl4568

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on: Jul 21, 2019
Production costs are likely to rise after an average-cost pricing policy is mandated because the monopolist will:
◦ have no incentive to control costs.
◦ engage in new and inventive production methods.
◦ decrease output.
◦ increase output.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by biggirl4568 on Jul 21, 2019

scikid

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Reply #1 on: Jul 21, 2019
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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biggirl4568

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Reply 2 on: Jul 21, 2019
Great answer, keep it coming :)

scikid

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

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