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Unformatted text preview: purpose of earning an economic profit.-They can both produce the optimal amount of outputs. However, one can take advantage by decrease price or increase output. If that happens then the one who cheated gets all the profit....
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This note was uploaded on 12/02/2009 for the course ECON econ taught by Professor For got during the Spring '09 term at UCSD.
- Spring '09
- for got