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Other Fields Homework Help Economics Topic started by: pirex on Oct 18, 2017



Title: Market power is illegal. (Multiple Choice)
Post by: pirex on Oct 18, 2017
Market power is illegal.
A) True, no one is allowed to charge a price greater than marginal cost.
B) False.
C) True, no one is allowed to charge a price greater than average cost.
D) False, because market power guarantees price equal to average cost.


Title: Re: Market power is illegal.
Post by: TecShdw on Oct 18, 2017
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