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    Economics-Microeconomics
  4. Exam
    Exam 12: Perfect Competition
  5. Question
    -In the Above Figure Showing a Perfectly Competitive Firm's Total
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-In the Above Figure Showing a Perfectly Competitive Firm's Total

Question 424

Question 424

Multiple Choice

  -In the above figure showing a perfectly competitive firm's total revenue line, the firm's marginal revenue A)  falls as output increases. B)  does not change as output increases. C)  rises as output increases. D)  cannot be determined.
-In the above figure showing a perfectly competitive firm's total revenue line, the firm's marginal revenue


A) falls as output increases.
B) does not change as output increases.
C) rises as output increases.
D) cannot be determined.

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