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Author Question: Refer to Figure 12-5. The firm's manager suggests that the firm's goal should be to maximize average ... (Read 114 times)

geoffrey

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Refer to Figure 12-5. The firm's manager suggests that the firm's goal should be to maximize average profit. If the firm does this, what is the amount of profit that it will earn?
 
  A) 6,600 B) 6,750 C) 12,150 D) 36,000

Question 2

What is an oligopoly? Give two examples of oligopolistic industries in the United States.
 
  What will be an ideal response?


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ecabral0

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geoffrey

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


vickyvicksss

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

 

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