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Author Question: In a perfectly competitive market industry, firm's prices are equal to a. Average revenue b. ... (Read 67 times)

amal

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  • Posts: 572
on: Jul 1, 2018
In a perfectly competitive market industry, firm's prices are equal to
 a. Average revenue
  b. Marginal revenue
  c. Both a and b
  d. None of the above

Question 2

Simplified trend models are generally appropriate for predicting the turning points in an economic time series.
 a. true b. false


batool

  • Sr. Member
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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


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