[Answered] To gain market share a firm should A) maximize marginal revenue. B) maximize profit. C) maximize ...

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jhjkgdfhk

Hero Member
Posts: 569

on: Jun 30, 2018

To gain market share a firm should
A) maximize marginal revenue.
B) maximize profit.
C) maximize revenue.
D) minimize marginal cost.

Question 2

Market power and market concentration
A) are directly related.
B) are indirectly related.
C) are inversely related.
D) are not related.

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Marked as best answer by a Subject Expert

SVictor

Sr. Member
Posts: 365

Reply #1 on: Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

A

jhjkgdfhk

Hero Member
Posts: 569

Reply #2 on: Jun 30, 2018

Thank you

SVictor

Sr. Member
Posts: 365

Reply #3 on: Jun 30, 2018

Happy to help you

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