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tuggy tuggy
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7 years ago
A price maker is a firm that:
A) has the power to affect the price of the product it sells.
B) earns economic profits in both the short run and the long run.
C) can sell any quantity of its product at the prevailing market price.
D) sells its products at a price equal to the marginal cost of production.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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7 years ago
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