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Author Question: The marginal revenue curve for a perfectly competitive firm is (Read 51 times)

jCorn1234

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on: Apr 19, 2019

Question 1

Marginal revenue is the


◦ ratio of total revenue to quantity.
◦ difference between total revenue and total costs.
◦ added revenue that a firm takes in when it increases output by one additional unit.
◦ additional profit the firm earns when it sells an additional unit of output.

Question 2

The marginal revenue curve for a perfectly competitive firm is


◦ downward sloping.
◦ upward sloping.
◦ horizontal.
◦ vertical.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by jCorn1234 on Apr 19, 2019

cuttiesgirl16

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jCorn1234

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

lindahyatt42

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Reply 3 on: Yesterday
Excellent

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