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Jonn Jonn
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3 years ago
A cable company can add a subscriber for ________ and a market failure occurs because the price charged ________.

▸ nearly zero marginal cost; exceeds marginal cost

▸ less than average cost; reduces consumer surplus

▸ nearly zero marginal cost; is extortionist

▸ average variable cost; increases producer surplus
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Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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adwoa60adwoa60
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3 years ago
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Jonn Author
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3 years ago
You make an excellent tutor!
loki1345
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Yesterday
Thanks
mcraver1
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2 hours ago
Brilliant ツ
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