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Materials for Lecture 10

Materials for Lecture 10. Chapter 6 Chapter 16 Sections 3.2 - 3.7.3, 4.0, Lecture 10 GRKS.XLSX Lecture 10 Low Prob Extremes.XLSX Lecture 10 Uncertain Emp Dist.XLSX . Risk vs. Uncertainty. Risk is when we have random variability from a known (or certain) probability distribution

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Price control by Commerce Commission Justified under Monopoly- but what happens?

Price control by Commerce Commission Justified under Monopoly- but what happens?. Previously, neoclassical view: GE under perfect competition led to (a) Price = MC (b) Price = min. ATC and (c) markets all cleared.

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Note price - PowerPoint PPT Presentation

Materials for Lecture 10

Price control by Commerce Commission Justified under Monopoly- but what happens?