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Tidy Tidy
wrote...
Posts: 4852
9 years ago
A firm that has the ability to control to some degree the price of the product it sells
A) is also able to dictate the quantity purchased.
B) faces a demand curve that is inelastic throughout the range of market demand.
C) is a price maker.
D) faces a perfectly inelastic demand curve.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 629 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
Top Poster
Posts: 1913
9 years ago
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Tidy Author
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9 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
This site is awesome
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2 hours ago
Good timing, thanks!
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