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Author Question: A firm that successfully differentiates its product or lowers its average cost of production creates ... (Read 59 times)

Engineer

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on: Jun 29, 2018
A firm that successfully differentiates its product or lowers its average cost of production creates
 
  A) a perfectly inelastic demand curve for its product.
  B) value for its customers.
  C) entry barriers into its market.
  D) economies of scale.

Question 2

If the market for a product begins as perfectly competitive and then becomes a monopoly, there will be a reduction in economic efficiency and a deadweight loss.
 
  Indicate whether the statement is true or false
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ntsoane kedibone

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Reply #1 on: Jun 29, 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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Engineer

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Sarahjh

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Reply 3 on: Yesterday
:D TYSM

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