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    Microeconomics Study Set 8
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    Exam 8: Firms in Perfectly Competitive Markets
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    If the Market Price Is $25 in a Perfectly Competitive
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If the Market Price Is $25 in a Perfectly Competitive

Question 150

Question 150

Multiple Choice

If the market price is $25 in a perfectly competitive market, what is the marginal revenue from selling the fifth unit?


A) $5.
B) $12.50.
C) $25.
D) $125.

Correct Answer:

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