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Author Question: In perfect competition, a firm's ________ curve is horizontal. (Read 28 times)

CharlieWard

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on: Apr 19, 2019

Question 1

In perfect competition, a firm's demand curve


◦ and the marginal revenue curve facing the firm are identical.
◦ is always above the marginal revenue curve facing the firm.
◦ is always below the marginal revenue curve facing the firm.
◦ intersects the marginal revenue curve when marginal revenue is minimized.

Question 2

In perfect competition, a firm's ________ curve is horizontal.


◦ marginal cost
◦ total revenue
◦ marginal revenue
◦ total cost.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by CharlieWard on Apr 19, 2019

TDubDCFL

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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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CharlieWard

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

jomama

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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