If a perfectly competitive firm raises its price above the
Question: If a perfectly competitive firm raises its price above the prevailing market rate, how much of its sales might it lose? Why? Can a competitive firm ever raise its prices? If so, when?
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questionnbspif a perfectly competitive firm raises its price above the prevailing market rate how much of its sales
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part -11 describe the characteristics of strategic decisions and define what is meant by strategy and strategic
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