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Laurent Laurent
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Posts: 803
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6 years ago
If a price maker sets her price too low,
A) profits are maximized.
B) marginal revenue is less than marginal cost.
C) fixed costs are zero.
D) other businesses enter the industry.
E) marginal revenue equals marginal cost.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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Laurent Author
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5 years ago
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