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hungry22 hungry22
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A year ago
For a given market price, a perfectly competitive firm's average-revenue curve

▸ is a straight line that coincides with the market demand curve.

▸ is the same as the firm's TR curve.

▸ is the same as the firm's demand curve.

▸ increases to the right and then declines when MC = MR.

▸ is a positively sloped straight line, starting from the origin.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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bizmailovabizmailova
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A year ago
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hungry22 Author
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A year ago
Helped a lot
jamesbove
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Yesterday
Correct Slight Smile TY
logbi
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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