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Loraine Loraine
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9 years ago
If a firm has excess capacity, it
A) produces less than its efficient scale.
B) should advertise to maximize profits.
C) should decrease its markup to increase its profit.
D) is a perfectly competitive firm.
E) must face a horizontal demand curve.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 187 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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9 years ago
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Loraine Author
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9 years ago
Thank you, thank you, thank you!
amandamraz
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Yesterday
Thanks for your help!!
loki1345
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2 hours ago
Brilliant ツ
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