Does this index indicate market power

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Q. Turbulent times preceded ratification of Constitution. Of all challenges nation faced during this time, which challenge do you think was most important one new nation had to overcome? Defend your answer

Q. Zelda Manufacturing has are unique product that sells for $15 per unit and marginal cost is $7.50. Conclude Lerner index for Zelda Manufacturing. Does this index indicate market power?

 

 

Reference no: EM1367710

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