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Tidy Tidy
wrote...
Posts: 4852
8 years ago
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.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 127 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
Don't mention it Happy Dummy
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