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Retnec Retnec
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7 years ago
Price searchers distort the allocation of scarce resources because
A) they produce less output than is socially desirable.
B) they produce more output than is socially desirable.
C) they charge a price that is less than marginal cost.
D) they charge a price that is equal to marginal cost.
E) they always select the output at which average total cost is minimized.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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Retnec Author
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7 years ago
Thanksss
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