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Author Question: In a graph with output on the horizontal axis and total revenue on the vertical axis, what is the ... (Read 230 times)

newyorker26

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In a graph with output on the horizontal axis and total revenue on the vertical axis, what is the shape of the total revenue curve for a perfectly competitive seller?
 
  A) a ray from the origin B) inverted U-shaped
  C) U-shaped D) a horizontal line

Question 2

Unlike a perfect competitor, a monopolist faces the market demand curve.
 
  Indicate whether the statement is true or false


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joanwhite

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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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newyorker26

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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