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Tbreland05 Tbreland05
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5 years ago
As the ratio of price to marginal cost decreases, the Lerner index
A) stays the same.
B) increases.
C) decreases.
D) can increase or decrease depending upon the shape of the demand curve.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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sjdbubsjdbub
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5 years ago
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Tbreland05 Author
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