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    Principles of Economics Study Set 8
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    Exam 14: Firms in Competitive Markets
  5. Question
    A Competitive Firm Sells 100 Units of Output for $5
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A Competitive Firm Sells 100 Units of Output for $5

Question 55

Question 55

Short Answer

A competitive firm sells 100 units of output for $5 per unit. The firm's marginal revenue amounts to __________.

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