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skawa1991 skawa1991
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5 years ago
Firms that sell highly customized items such as motorcycles charge higher mark-ups than firms selling similar, but homogeneous products. An explanation for their market power is the
A) bandwagon effect.
B) greater value effect.
C) snob effect.
D) behavioral effect.
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Microeconomics

Microeconomics


Edition: 8th
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Slipknot_137Slipknot_137
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5 years ago
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