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Loraine Loraine
wrote...
Posts: 4563
8 years ago
If a firm in a perfectly competitive market faces an equilibrium price of $5, its marginal revenue
A) will be greater than $5.
B) will be less than $5.
C) maybe either greater or less than $5.
D) will also be $5.
E) will be any amount but $5.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 195 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
You're welcome Happy Dummy
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