Solved

If a Firm Collects $100 in Revenue When It Sells

Question 80

Multiple Choice

If a firm collects $100 in revenue when it sells five units and $120 when it sells six units,one can infer the firm is

A) a perfect competitor.
B) a monopolistic competitor.
C) either a perfect competitor or a monopolist.
D) a monopolist.
E) an oligopolist.

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