Author Question: In a perfectly competitive market industry, firm's prices are equal to a. Average revenue b. ... (Read 68 times)

amal

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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

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Answer to Question 1

c

Answer to Question 2

b



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