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    Exam 14: Firms in Competitive Markets
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    Table 14-1 -Refer to Table 14-1. Over What Range of Output Is
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Table 14-1 -Refer to Table 14-1. Over What Range of Output Is

Question 97

Question 97

Multiple Choice

Table 14-1 Table 14-1   -Refer to Table 14-1. Over what range of output is marginal revenue declining? A) 1 to 6 units B) 3 to 7 units C) 7 to 9 units D) Marginal revenue is constant over the entire range of output.
-Refer to Table 14-1. Over what range of output is marginal revenue declining?


A) 1 to 6 units
B) 3 to 7 units
C) 7 to 9 units
D) Marginal revenue is constant over the entire range of output.

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