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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
When its marginal cost increases, a firm aiming at maximizing net revenue
A) can always raise its price, but only by the amount of the cost increase.
B) can often raise its price by more than the cost increase.
C) can raise its price, but always by less than the cost increase.
D) may not be able to raise its price at all.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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Posts: 3807
8 years ago
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Sublight2097 Author
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8 years ago
Seriously, you've been tremendously helpful! Thank you.
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