If a perfectly competitive firm maximizes short-run profits, its marginal revenue will be positive a

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If a perfectly competitive firm maximizes short-run profits, its marginal revenue will be positive a

If a perfectly competitive firm maximizes short-run profits, its marginal revenue will be positive and less than its price.
True or false?

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Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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Tidy Author

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