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Author Question: Firms that sell highly customized items such as motorcycles charge higher mark-ups than firms ... (Read 84 times)

lunatika

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on: Jul 1, 2018
Firms that sell highly customized items such as motorcycles charge higher mark-ups than firms selling similar, but homogeneous products. An explanation for their market power is the
 
  A) bandwagon effect.
  B) greater value effect.
  C) snob effect.
  D) behavioral effect.

Question 2

A firm that generates zero economic profit usually has
 
  A) negative business profit.
  B) zero business profit.
  C) positive business profit.
  D) business profit equal to half the total revenue.
Microeconomics ¦ Perloff ¦ 8th Edition
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angrybirds13579

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Reply #1 on: Jul 1, 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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lunatika

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

nyrave

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

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