Multiple Choice
If a firm collects $80 in revenue when it sells 4 units, $100 in revenue when it sells 5 units, and $120 in revenue when it sells 6 units, then one can infer the firm is a(n) :
A) perfect competitor.
B) monopolistic competitor.
C) oligopolist.
D) monopolist.
Correct Answer:
Verified
Correct Answer:
Verified
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