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Loraine Loraine
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A monopoly can set any price it wants. So why does it still produce at a point where MR = MC, just like a perfectly competitive firm?
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Loraine Author
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8 years ago
Thank you, thank you, thank you!
jakechambo3
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Yesterday
this is exactly what I needed
mkyoungs
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2 hours ago
Just got PERFECT on my quiz
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