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Author Question: If a firm in a perfectly competitive industry introduces a lower-cost way of producing an existing ... (Read 66 times)

frankwu

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on: Jun 29, 2018
If a firm in a perfectly competitive industry introduces a lower-cost way of producing an existing product, the firm will be able to earn economic profits in the long run.
 
  Indicate whether the statement is true or false

Question 2

Economists played a key role in the development of merger guidelines by the Department of Justice and the Federal Trade Commission in 1982. These guidelines have three main parts. What are these parts?
 
  A) market definition; measure of concentration; merger standards
  B) economic analysis; political analysis; dynamic analysis
  C) concentration ratios; the Herfindahl-Hirschman Index; market standards
  D) concentration standards; concentration ratios; competitive analysis
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nhea

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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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frankwu

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

jamesnevil303

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

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