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Author Question: A perfectly competitive firm's total revenue is equal to which of the following? (Read 28 times)

Tb12162018

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A perfectly competitive firm's total revenue is equal to which of the following?
◦ price multiplied by marginal revenue
◦ average revenue multiplied by price
◦ marginal revenue times quantity of the product sold
◦ price times quantity of the product sold, divided by quantity of the product sold
◦ the revenue received on the last unit sold


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Marked as best answer by Tb12162018 on Oct 12, 2022

reason44

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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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Tb12162018

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)


komodo7

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

 

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