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MrsAngelD MrsAngelD
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Posts: 322
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6 years ago
If the inverse demand curve a monopoly faces is p = 100 - 2Q, and MC is constant at 16, then the firm's Lerner Index equals
A) 58/16.
B) 16/42.
C) 58/42.
D) 42/58.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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forrestforrest
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#1
Posts: 266
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6 years ago
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MrsAngelD Author
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6 years ago
Just got PERFECT on my quiz
MAry1395
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Yesterday
this is exactly what I needed
acaruso
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2 hours ago
Thank you, thank you, thank you!
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