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Author Question: A perfectly competitive firm's demand curve (Read 44 times)

rubiosusy7

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on: Oct 12, 2022

Question 1

A perfectly competitive firm's demand curve coincides with
◦ the market demand curve.
◦ both its marginal and average-revenue curves.
◦ its total-revenue curve.
◦ its average-revenue curve and total-revenue curve.
◦ both its marginal and total-revenue curves.

Question 2

A perfectly competitive firm's demand curve
◦ yields constant total revenues.
◦ is a horizontal line where P = AR = MR.
◦ is downward sloping.
◦ has unit elasticity.
◦ is identical to the market demand curve.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by rubiosusy7 on Oct 12, 2022

fowlerhop@rocketmail.com

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Reply #1 on: Oct 12, 2022
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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rubiosusy7

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

cassie_ragen

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Reply 3 on: Yesterday
Excellent

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