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Yessi15 Yessi15
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3 years ago
In the dominant firm price leadership model, the dominant firm will produce where

▸ marginal revenue is greater than marginal cost.

▸ price equals marginal revenue.

▸ marginal revenue equals marginal cost.

▸ price equals marginal cost.
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Essential Economics for Business

Essential Economics for Business


Edition: 5th
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IsackIsack
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3 years ago
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