03/04/21
Microeconomics question
Analyze how barriers to entry lead to less output than perfect competition and why price is above marginal cost:
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11/15/14
When marginal revenue is less than zero
When marginal revenue is less than zeroA) the firm cannot be maximizing profits. B) total revenue is declining with increases in output. C) demand is inelastic. D) decreases in output will increase...
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