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Figure 7.2 -Refer to Figure 7.2.Why Is the Total Revenue Curve a Revenue

Question 229

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Figure 7.2 Figure 7.2   -Refer to Figure 7.2.Why is the total revenue curve a ray from the origin? A)  Because revenue increases at an increasing rate B)  Because revenue increases at a decreasing rate C)  Because the firm can sell its product at a constant price D)  Because the firm must lower its price to sell more
-Refer to Figure 7.2.Why is the total revenue curve a ray from the origin?


A) Because revenue increases at an increasing rate
B) Because revenue increases at a decreasing rate
C) Because the firm can sell its product at a constant price
D) Because the firm must lower its price to sell more

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