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pirex pirex
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6 years ago
In the tourist-trap model, a consumer might pay more than marginal cost for a good sold in a competitive market if the cost of possibly finding the good cheaper is more than the markup over marginal cost.
True or False? Provide an explanation.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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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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ChronosChronos
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#1
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6 years ago
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pirex Author
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6 years ago
Helped a lot
Jodias
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Yesterday
Thanks
rileyjones420
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2 hours ago
Smart ... Thanks!
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