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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: A perfectly competitive firm's marginal revenue
Post by: Tidy on Jun 21, 2015
A perfectly competitive firm's marginal revenue
A) is greater than price.
B) is less than price because a firm must lower its price to sell more.
C) is equal to price.
D) may be either greater or less than price, depending on the quantity sold.


Title: Re: A perfectly competitive firm's marginal revenue
Post by: Smoooth on Jul 26, 2015
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Title: Re: A perfectly competitive firm's marginal revenue
Post by: Smoooth on Aug 31, 2015
Don't mention it :-]