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    Managerial Economics Study Set 3
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    Exam 11: Performance and Strategy in Competitive Markets
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    Undue Market Power Is Indicated When Buyer Influence Results In
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Undue Market Power Is Indicated When Buyer Influence Results In

Question 48

Question 48

Multiple Choice

Undue market power is indicated when buyer influence results in:


A) higher than competitive prices.
B) less than competitive output.
C) less than competitive costs.
D) excess profits.

Correct Answer:

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