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Other Fields Homework Help Economics Topic started by: corie on Oct 24, 2017



Title: Why is market definition important for economic decision making?
Post by: corie on Oct 24, 2017
Why is market definition important for economic decision making?
A) A firm is interested in knowing its actual and potential competitors.
B) A firm will define its market in order to maximize revenue.
C) Government regulators are interested in knowing the effect of mergers and acquisitions on competition and prices in a particular market.
D) both A and C
E) both A and B


Title: Re: Why is market definition important for economic decision making?
Post by: LBCea on Oct 24, 2017
D