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Other Fields Homework Help Economics Topic started by: Tbreland05 on Nov 23, 2018



Title: As the ratio of price to marginal cost decreases, the Lerner index
Post by: Tbreland05 on Nov 23, 2018
As the ratio of price to marginal cost decreases, the Lerner index
A) stays the same.
B) increases.
C) decreases.
D) can increase or decrease depending upon the shape of the demand curve.


Title: As the ratio of price to marginal cost decreases, the Lerner index
Post by: sjdbub on Nov 23, 2018
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