Oligopoly is usually inefficient because the price (marginal benefit) exceeds marginal cost and cost might not be

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Oligopoly is usually inefficient because the price (marginal benefit)

exceeds marginal cost and cost might not be the lowest attainable.

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Essential Foundations Of Economics

ISBN: 9780520219465

7th Global Edition

Authors: Bade, Robin;Parkin, Michael

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Question Posted: Nov 05, 2024 11:00 AM

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Oligopoly is usually inefficient because the price (marginal benefit) exceeds marginal cost and cost might not be the lowest attainable.
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Oligopoly is usually inefficient because the price (marginal benefit) exceeds marginal cost and cost might not be

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Essential Foundations Of Economics

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