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The desire of businesses to __________________________, so that they can raise the prices that they charge and earn higher profits, has been well-understood by economists
The desire of businesses to __________________________, so that they can raise the prices that they charge and earn higher profits, has been well-understood by economists for a long time. Question 20 options: a) maximize profits for social benefit b) compete with each other c) engage in free market activities d) avoid competing with each other
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Principles of Macroeconomics
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
12th edition
134078802, 978-0134078809
