Firms Have Several Different Concepts of Revenue: Total Revenue,average Revenue,marginal

Multiple Choice

Firms have several different concepts of revenue: total revenue,average revenue,marginal revenue,and price.For a profit-maximizing perfectly competitive firm,which statement below is true?

A) Total revenue,average revenue,marginal revenue,and price are all equal.
B) Average revenue,marginal revenue,and price are equal.
C) Only marginal revenue and price are equal.
D) Only average revenue and price are equal.
E) None of these revenues are equal.