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Author Question: A perfectly competitive firm's marginal revenue A) may be either greater or less than price, ... (Read 95 times)

dmcintosh

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A perfectly competitive firm's marginal revenue
 
  A) may be either greater or less than price, depending on the quantity sold.
  B) is equal to price.
  C) is greater than price.
  D) is less than price because a firm must lower its price to sell more.

Question 2

For which of the following firms is patent protection of vital importance?
 
  A) software firms B) pharmaceutical firms
  C) furniture producers D) auto makers


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ktidd

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dmcintosh

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Reply 2 on: Jun 29, 2018
Excellent


phuda

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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