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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
According to your textbook, what is the general rule to follow in order to maximize net revenue?
A) Take any action if, but only if, the expected marginal revenue exceeds the expected marginal cost.
B) Take any action you expect will not be copied by your competitors.
C) Take as many innovative actions as you can, and leave the copying up to smaller firms in the market because they are least likely to increase their market share.
D) Charge the lowest possible price.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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#1
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8 years ago
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Sublight2097 Author
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#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
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#3
8 years ago
My pleasure Happy Dummy
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#4
3 years ago
thank you!
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