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More cards in this set
Card 6
Front
Why are marginal costs and marginal revenue important?
Back
Card 7
Front
With perfect competition, why is the choice of producing more or less easy?
Back
Card 8
Front
Why is producing more or less more complicated in an oligopoly?
Back
Card 9
Front
When is profit maximised?
Back
Card 10
Front
What is contribution?
Back
Card 11
Front
What pricing strategy will a sales of revenue maximising company use?
Back
Card 12
Front
What pricing strategy will a profit maximising business consider?
Back
Card 13
Front
What pricing strategy will a business with market power use?
Back
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