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Consider a diagram showing the marginal revenue (MR) and marginal cost (MC) curves for an event where the promoter has only one venue choice. In
Consider a diagram showing the marginal revenue (MR) and marginal cost (MC) curves for an event where the promoter has only one venue choice. In this case, given the promoter's lack of choice, the profit-maximizing price will ______ the capacity price. Multiple choice question. exceed equal be less than
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