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Author Question: A monopolistically competitive firm should lower its price if its marginal revenue exceeds its ... (Read 115 times)

Yolanda

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on: Jun 29, 2018
A monopolistically competitive firm should lower its price if its marginal revenue exceeds its marginal cost.
 
  Indicate whether the statement is true or false

Question 2

If a perfectly competitive firm's price is less than its average total cost but greater than its average variable cost, the firm
 
  A) is earning a profit. B) is incurring a loss. C) should shut down. D) is breaking even.
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Edwyer

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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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Yolanda

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Reply #2 on: Jun 29, 2018
Correct answers!


Edwyer

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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