4. For a competitive firm, marginal revenue is a. equal to the price of the good sold....

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4. For a competitive firm, marginal revenue is

a. equal to the price of the good sold.

b. average revenue divided by the quantity sold. C. total revenue divided by the price.

d. equal to the quantity of the good sold.

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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics

ISBN: 9783030019983

5th Edition

Authors: David R. Hakes

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Question Posted: Nov 15, 2024 03:00 AM

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4. For a competitive firm, marginal revenue is a. equal to the price of the good sold....

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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics

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