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    Microeconomics Study Set 25
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    Exam 12: Perfect Competition and the Supply Curve
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    In Perfect Competition
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In Perfect Competition

Question 212

Question 212

Multiple Choice

In perfect competition:


A) price and average variable cost are the same.
B) price and marginal revenue are the same.
C) price and total revenue are the same.
D) total revenue and total variable cost are the same.

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