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Author Question: Market power is illegal. A) True, no one is allowed to charge a price greater than marginal cost. ... (Read 67 times)

faduma

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on: Jul 1, 2018
Market power is illegal.
 
  A) True, no one is allowed to charge a price greater than marginal cost.
  B) False, firms can freely choose their prices.
  C) True, no one is allowed to charge a price greater than average cost.
  D) False, because market power guarantees price equal to average cost.

Question 2

If a firm traded on the New York Stock Exchange posts an accounting profit of 10 million, then the firm is making a positive economic profit
 
  A) only if the Securities and Exchange Commission (SEC) approves the accounting report.
  B) only if the firm's opportunity cost is less than 10 million.
  C) only if the firm's opportunity benefit is more than 10 million.
  D) only if the firm's management receives stock compensation.
Microeconomics ¦ Perloff ¦ 8th Edition
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EAN94

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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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faduma

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

ebonylittles

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

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