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University X has started offering MBA courses not only at its main campuses but also at suburban locations, such as the malls located in nearby cities. In what ways do the offering MBA courses at other locations create producer and consumer borne value to both the university and the malls? What factors affect the ability of the university and malls to capture value?
Provide brief but theoretically sound explanation for each of the following.
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Describe the following statement: "In competitive market the least-cost production methods are revealed by entry and exit, while in public utility regulation they're revealed by commission rate hearings. It is easier to fool commissi..
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