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    Foundations of Macroeconomics
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    Exam 15: Perfect Competition
  5. Question
    For a Perfectly Competitive Palm Tree Nursery in South Carolina,the
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For a Perfectly Competitive Palm Tree Nursery in South Carolina,the

Question 208

Question 208

Multiple Choice

For a perfectly competitive palm tree nursery in South Carolina,the total revenue curve is


A) downward sloping.
B) a horizontal line.
C) upward sloping.
D) U-shaped.
E) undefined because the firm is perfectly competitive.

Correct Answer:

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