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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Every firm that has the ability to affect the price of the good or service it sells will
A) have a perfectly elastic demand curve.
B) have a marginal revenue curve that lies below its demand curve.
C) earn a short-run profit but break even in the long run.
D) shut down in the short run.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 181 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
wrote...

9 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
Brilliant
wrote...

2 hours ago
Smart ... Thanks!
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