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Retnec Retnec
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6 years ago
Because the demand curve facing a price searcher is downward sloping,
A) marginal revenue will exceed price for a price searcher.
B) the price searcher can sell additional units at a higher price than previous units.
C) price will exceed marginal revenue for a price searcher.
D) the price searcher will tend to select the highest possible price.
E) the price searcher's marginal revenue curve will be horizontal.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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6 years ago
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Retnec Author
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6 years ago
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