[Answered] The marginal revenue curve for a perfectly competitive firm A) is the same as its demand curve. ...

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LCritchfi

Hero Member
Posts: 519

on: Jun 29, 2018

The marginal revenue curve for a perfectly competitive firm

A) is the same as its demand curve. B) is perfectly inelastic.
C) is downward-sloping. D) is the same as its marginal cost curve.

Question 2

Refer to Figure 11-2. The curve labeled F is

A) the output supply curve. B) the total product curve.
C) the marginal product curve. D) the average product curve.

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prumorgan

Sr. Member
Posts: 326

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

D

LCritchfi

Hero Member
Posts: 519

Reply #2 on: Jun 29, 2018

Thank you

prumorgan

Sr. Member
Posts: 326

Reply #3 on: Jun 29, 2018

No problemo

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