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Mairoon Mairoon
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6 years ago
Market power guarantees profit.
A) True, which is why firm's locate as far away from each other as possible.
B) False, market power guarantees price greater than marginal cost.
C) True, market power guarantees price greater than average cost.
D) False, market power guarantees price equal to average cost.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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ChronosChronos
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#1
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6 years ago
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Mairoon Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
MAry1395
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Yesterday
Just got PERFECT on my quiz
lipop
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2 hours ago
Thanks for your help!!
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