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pirex pirex
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Posts: 634
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6 years ago
Market power is illegal.
A) True, no one is allowed to charge a price greater than marginal cost.
B) False.
C) True, no one is allowed to charge a price greater than average cost.
D) False, because market power guarantees price equal to average cost.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 61 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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TecShdwTecShdw
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#1
Posts: 432
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6 years ago
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pirex Author
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6 years ago
Brilliant ツ
Shuqin
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Yesterday
You make an excellent tutor!
halyna
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2 hours ago
Helped a lot
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