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    Economics Today Study Set 1
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    Exam 23: Perfect Competition
  5. Question
    Why Would It Be Economically Inefficient for a Firm to Charge
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Why Would It Be Economically Inefficient for a Firm to Charge

Question 235

Question 235

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Why would it be economically inefficient for a firm to charge the price of a good greater than its marginal cost?

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When price equals marginal cost, the mar...

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