Multiple Choice
In perfect competition:
A) a firm's total revenue is found by multiplying market price by the firm's quantity of output.
B) the firm's total revenue curve is a linear, upward-sloping line.
C) at any price, the greater the quantity sold, the greater is a firm's total revenue.
D) all of the above are true.
Correct Answer:
Verified
Correct Answer:
Verified
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