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Author Question: For a firm which uses mark-up pricing and aims to achieve a particular level of total profit, its ... (Read 28 times)

Destiiny22

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on: May 25, 2020
For a firm which uses mark-up pricing and aims to achieve a particular level of total profit, its supply cure will be
◦ above its average (total) cost curve, but getting closer to it as output increases.
◦ parallel to its average (total) cost curve.
◦ parallel to its demand curve.
◦ parallel to its average variable cost curve.
◦ impossible to determine as long as the firm has market power.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by Destiiny22 on May 25, 2020

bhavsar

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Reply #1 on: May 25, 2020
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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Destiiny22

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

tkempin

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

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