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    Economics for Managers
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    Exam 10: Pricing Strategies for the Firm
  5. Question
    So Long as the Absolute Value of the Price Elasticity
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So Long as the Absolute Value of the Price Elasticity

Question 39

Question 39

True/False

So long as the absolute value of the price elasticity of demand for a firm's output is greater than 0,the firm's optimal markup factor will be positive as well.

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