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Retnec Retnec
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7 years ago
Firms possessing market power tend to produce more output than is socially desirable; that is, they cause too many of society's scarce resources to be allocated to the products they produce.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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7 years ago
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Retnec Author
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7 years ago
Good timing, thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
Thanks
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