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Author Question: When oligopolies operate like firms in perfect competition, the firms produce at the point where the (Read 103 times)

Tirant22

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on: May 24, 2019
When oligopolies operate like firms in perfect competition, the firms produce at the point where the
◦ price is less than the marginal cost.
◦ marginal cost equals the price.
◦ price exceeds the marginal cost by the greatest amount.
◦ price equals the average total cost.
◦ marginal cost equals the average total cost.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Tirant22 on May 24, 2019

ansleighelindsey

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Reply #1 on: May 24, 2019
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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Tirant22

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

Chelseyj.hasty

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

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