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samestepp samestepp
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6 months ago

The perfectly competitive firm produces the quantity of output at which __________, and the single-price monopolist produces the quantity of output at which __________. The perfectly price-discriminating monopolist is like the __________ in this regard.



▸

P = MC; P > MC; single-price monopolist



▸

P > MC; P = MC; perfectly competitive firm



▸

P = MC; P > MC; perfectly competitive firm



▸

P > MC; P = MC; single-price monopolist

Textbook 
Economics

Economics


Edition: 12th
Author:
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goodone14goodone14
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6 months ago
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samestepp Author
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6 months ago
Brilliant ツ
husne
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Yesterday
Good timing, thanks!
dianeflunder
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2 hours ago
Helped a lot
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