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posted by  mutiat on 11/2/2009 10:06:57 AM  |  status: Live  |  Earned Karma: 0

price-searcher markets with low entry barrier

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Economics ECONOMICS 22 1 11/3/2009 at 5:00:00 PM
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price can set the price of their products. does this mean that they will charge the highest possible price for thier product? what price will maximise the profits of a searcher ? how will the nfirms marginal cost compare with its price at the profits-maximum output?

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