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Author Question: A strategy of setting price below the monopoly profit-maximizing price but at the highest level that ... (Read 96 times)

mckennatimberlake

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on: Jun 29, 2018
A strategy of setting price below the monopoly profit-maximizing price but at the highest level that will still result in a loss for a potential entrant into the market is known as
 
  A) entry pricing.
  B) contestable pricing.
  C) limit pricing.
  D) unlimited pricing.

Question 2

In the figure above, if no one owns the lake the tax that achieves the efficient outcome is ________ per ton of pesticide produced.
 
  A) 30
  B) 40
  C) 20
  D) 10


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Ksh22

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


mckennatimberlake

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

AmberC1996

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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