question archive In which of the following would equilibrium prices be higher than marginal cost? A) when the market supply curve is inelastic B) when the firm has no fixed costs C) when the firm specific demand curve D) when several perfect substitutes are available

In which of the following would equilibrium prices be higher than marginal cost? A) when the market supply curve is inelastic B) when the firm has no fixed costs C) when the firm specific demand curve D) when several perfect substitutes are available

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In which of the following would equilibrium prices be higher than marginal cost?

A) when the market supply curve is inelastic

B) when the firm has no fixed costs

C) when the firm specific demand curve

D) when several perfect substitutes are available

Option 1

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Option 2

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