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Other Fields Homework Help Economics Topic started by: MrsAngelD on Nov 12, 2017



Title: If the inverse demand curve a monopoly faces is p = 100 - 2Q, and MC is constant at 16, then the ...
Post by: MrsAngelD on Nov 12, 2017
If the inverse demand curve a monopoly faces is p = 100 - 2Q, and MC is constant at 16, then the firm's Lerner Index equals
A) 58/16.
B) 16/42.
C) 58/42.
D) 42/58.


Title: Re: If the inverse demand curve a monopoly faces is p = 100 - 2Q, and MC is constant at 16, then the ...
Post by: forrest on Nov 12, 2017
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