==+b. Calculate the Lerner index, L = (P - MC)>P, for this firm at its profit-maximizing levels

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==+b. Calculate the Lerner index, L = (P - MC)>P, for this firm at its profit-maximizing levels of A, Q, and P.

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Microeconomics

ISBN: 9780134184241

9th Edition

Authors: Robert Pindyck, Daniel Rubinfeld

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