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AP Microeconomics
Unit 4 โ Imperfect Competition
Topic 4.1
Unit 4 โ Imperfect Competition
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4.1 Introduction to Imperfectly Competitive Markets
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mixed difficulty
What does demand being greater than marginal revenue indicate in imperfectly competitive markets?
The need to lower prices.
The need to produce at a larger scale.
The need to produce at a smaller scale.
The need to increase prices.
Study guides (1)
AP Microeconomics - 4.1 Introduction to Imperfectly Competitive Markets
Key terms
Demand
Marginal Revenue
Imperfectly Competitive Markets
Guides
Glossary
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