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Author Question: Whenever a firm can charge a price greater than marginal cost A) the firm must be a monopolist. ... (Read 102 times)

Sportsfan2111

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on: Jun 29, 2018
Whenever a firm can charge a price greater than marginal cost
 
  A) the firm must be a monopolist.
  B) consumers have the ability to choose a close substitute.
  C) there is some loss of economic efficiency.
  D) the firm will earn economic profits.

Question 2

One goal a firm tries to achieve when it advertises a product is to
 
  A) make the demand curve for the product more elastic.
  B) make the demand curve for the product unitary elastic.
  C) make the demand curve for the product more inelastic.
  D) shift the demand curve for the product to the left.
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blfontai

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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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Sportsfan2111

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

Kedrick2014

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Reply 3 on: Yesterday
Excellent

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