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    Microeconomics Study Set 2
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    Exam 12: Firms in Perfectly Competitive Markets
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    For a Perfectly Competitive Firm, Average Revenue Is Equal to
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For a Perfectly Competitive Firm, Average Revenue Is Equal to

Question 73

Question 73

Multiple Choice

For a perfectly competitive firm, average revenue is equal to


A) marginal cost.
B) the market price.
C) total revenue.
D) average fixed cost.

Correct Answer:

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