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Ask an Economist

Sep 9, 2021

You can do a lot of different things with an economics degree so it's a bit of a tough question to answer. Of course, one thing you can do is be an economist.

Aug 27, 2021

A seller has market power if it is able to PROFITABLY price higher than the competitive price because it has a downward sloping demand curve and sets its output where marginal revenue equals marginal cost but sets its price above its marginal...

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