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https://slate.com/business/2012/08/lobster-prices-are-collapsing-but-market-price-lobster-meals-arent-getting-any-cheaper.html Pricing Lobster in my Boston Restaurant (Please read this article:The mistery of the market Price) : c.Is the last paragraph an example of long-term
https://slate.com/business/2012/08/lobster-prices-are-collapsing-but-market-price-lobster-meals-arent-getting-any-cheaper.html
Pricing Lobster in my Boston Restaurant(Please read this article:The mistery of the market Price):
c.Is the last paragraph an example of long-term pricing? Why?
a. Yes, it is an analysis of the effect of investment in capacity expansions motivated by the existence of positive profits.
b. Yes, it is an analysis of the effect of investment in capacity expansions motivated by the existence of negative profits.
c. No.
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