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  3. Study Set
    Microeconomics Principles for a Changing World
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    Exam 10: Monopolistic Competition, Oligopoly, and Game Theory
  5. Question
    Oligopolies Maximize Profits by Setting MR Equal to the Minimum
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Oligopolies Maximize Profits by Setting MR Equal to the Minimum

Question 282

Question 282

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Oligopolies maximize profits by setting MR equal to the minimum of the average cost curve.

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