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Sublight2097 Sublight2097
wrote...
Posts: 4132
9 years ago
Marginal revenue is less than price for
A) all price searchers.
B) all price takers.
C) price searchers who can't restrict price reductions to the new purchases they want to attract.
D) sellers who face inelastic demand curves.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
wrote...
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Posts: 3807
9 years ago
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Sublight2097 Author
wrote...
9 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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