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    Principles of Economics
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    Exam 15: Entry, Exit, and Long-Run Profitability
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    Price Is Equal To
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Price Is Equal To

Question 39

Question 39

Multiple Choice

Price is equal to:


A) marginal revenue divided by the quantity sold.
B) total revenue divided by average revenue.
C) total revenue divided by the quantity sold.
D) the quantity sold divided by total revenue.

Correct Answer:

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