Multiple Choice
In answering the question, assume a graph in which dollars are measured on the vertical axis and output on the horizontal axis.For a purely competitive firm, marginal revenue graphs as a
A) straight, upsloping line.
B) straight line, parallel to the vertical axis.
C) straight line, parallel to the horizontal axis.
D) straight, downsloping line.
Correct Answer:
Verified
Correct Answer:
Verified
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