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Tidy Tidy
wrote...
Posts: 9704
4 years ago
A product's price approaches its marginal cost as market concentration increases.
True or false?
Textbook 

Essentials of Economics


Edition: 4th
Authors:
Read 212 times
3 Replies
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...
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Posts: 3824
4 years ago
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FALSE
1

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wrote...
4 years ago
I found this question very tricky (not sure why). Thanks for confirming my initial thoughts on it. I will mark this topic solved now.
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
wrote...
4 years ago
Think nothing of it!
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