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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 65
Which statement about the perfect competitor is true?
A) She may charge a little below market price to get more customers.
B) She may charge a little above market price to imply that her product is superior.
C) She will always charge the market price.
D) None of these statements is true.
A) She may charge a little below market price to get more customers.
B) She may charge a little above market price to imply that her product is superior.
C) She will always charge the market price.
D) None of these statements is true.
Explanation
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Verified
Options (a) and (b) are incorrect as no ...
Microeconomics 9th Edition by Stephen Slavin
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