Multiple Choice
If a firm collects $90 in revenue when it sells 4 units, $100 in revenue when it sells 5 units, and $105 in revenue when it sells 6 units, then one can infer the firm is a:
A) perfect competitor.
B) profit maximizer.
C) price taker.
D) monopolist.
Correct Answer:
Verified
Correct Answer:
Verified
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