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Author Question: Which of the following is true for a firm with a downward-sloping demand curve for its product? (Read 348 times)

pragya sharda

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on: Oct 8, 2019

Which of the following is true for a firm with a downward-sloping demand curve for its product?


◦

Price equals average revenue but is greater than marginal revenue.


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Price, average revenue, and marginal revenue are all equal.


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Price, average revenue, and marginal revenue are all different.


◦

Price equals average revenue but is less than marginal revenue.

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Marked as best answer by pragya sharda on Oct 8, 2019

gcook

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Reply #1 on: Oct 8, 2019
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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pragya sharda

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Reply #2 on: Oct 8, 2019
TY


gcook

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Reply #3 on: Oct 8, 2019
You're welcome


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