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Suppose That a Firm Is Collecting $100 in Total Revenue

Question 166

Multiple Choice

Suppose that a firm is collecting $100 in total revenue when it sells 10 units and $110 in total revenue when it sells 11 units.The firm is a(n)

A) pure monopolist.
B) oligopolist.
C) monopolistic competitor.
D) monopsonist.
E) perfect competitor.

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