Business, 13.08.2020 17:01 chloesmolinski0909

Suppose an industry earns a rate of return of 10%, which is twice as high as that of competitive industries, 5%. How much is the price overcharge of that industry, if its capital is valued at half its annual revenue

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Suppose an industry earns a rate of return of 10%, which is twice as high as that of competitive ind...

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