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What Material Was Often Used for the Covers for Medieval

question 12

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What material was often used for the covers for medieval books?

Assess the minimum price a firm would need to charge to cover its average total cost in the long run.
Distinguish between price searchers and price takers.
Evaluate the effect of market entry or exit on market supply, price and firm profitability.
Understand the relationship between market demand, firm entry/exit, and the supply curve in different cost industries.

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