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    Exam 12: More Realistic and Complex Pricing
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    Acquiring a Firm That Sells a Substitute Good Will
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Acquiring a Firm That Sells a Substitute Good Will

Question 23

Question 23

Multiple Choice

Acquiring a firm that sells a substitute good will


A) Make the demand curve more inelastic
B) Make the demand curve more elastic
C) Make MR>MC
D) Will have no effect on the demand curve

Correct Answer:

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