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Hawkonomics

Relating Economic Theory and the Real World

Monday, April 21, 2014

Amazon and E-book Prices

Amazon is acting like a dominant firm (one that has lower marginal costs) than its rivals in the e-book market, by lowering its prices on e-books as compared to its rivals.
Posted by @StaceyLBrook at 7:41 AM
Labels: Dominant Firm, ECON 1100, ECON 3350

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