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Author Question: For a perfectly competitive firm, price is the same as A) marginal revenue. B) average variable ... (Read 76 times)

anjilletteb

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on: Jun 29, 2018
For a perfectly competitive firm, price is the same as
 
  A) marginal revenue.
  B) average variable cost.
  C) total revenue.
  D) Both answers A and B are correct.

Question 2

The horizontal axis on a time-series graph
 
  A) measures the variable being graphed.
  B) measures units of time such as years.
  C) runs parallel to the y-axis.
  D) measures how the variable being graphed changes.


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AmberC1996

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


anjilletteb

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

kusterl

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Reply 3 on: Yesterday
Excellent

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