question archive A firm has a Lerner index of 0
A firm has a Lerner index of 0
Subject:EconomicsPrice: Bought3
A firm has a Lerner index of 0.75 and charges a price of $150. The firm's marginal cost is:
Multiple Choice
- $0.
- $37.50.
- $112.50.
- There is not sufficient information to determine the firm's marginal cost.
