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corie corie
wrote...
Posts: 767
6 years ago
Why is market definition important for economic decision making?
A) A firm is interested in knowing its actual and potential competitors.
B) A firm will define its market in order to maximize revenue.
C) Government regulators are interested in knowing the effect of mergers and acquisitions on competition and prices in a particular market.
D) both A and C
E) both A and B
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 64 times
1 Reply

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Replies
wrote...
6 years ago
D
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