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Introductory Microeconomics (ES10001)

Introductory Microeconomics (ES10001). Topic 4: Perfect Competition & Monopoly. 1. Introduction. MR = MC rule requires knowledge of market structure One of the major influences on MR , and thus on its supply decision, is the degree of competitiveness the firm faces in the market.

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Introductory Microeconomics (ES10001)