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    Principles of Economics Study Set 8
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    Exam 14: Firms in Competitive Markets
  5. Question
    If a Firm Notices That Its Average Revenue Equals the Current
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If a Firm Notices That Its Average Revenue Equals the Current

Question 162

Question 162

True/False

If a firm notices that its average revenue equals the current market price, that firm must be participating in a competitive market.

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