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  3. Study Set
    Principles of Economics Study Set 12
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    Exam 11: Product Differentiation, Monopolistic Competition, and Oligopoly
  5. Question
    Profit Maximization Is Not a Useful Concept for Examining Firms
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Profit Maximization Is Not a Useful Concept for Examining Firms

Question 74

Question 74

True/False

Profit maximization is not a useful concept for examining firms' decisions about how to configure and market their products.

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