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1. Why does the price stay the same at all quantities?2. What is the relationship between marginal revenue and price? mn + ROW Table Title

1. Why does the price stay the same at all quantities?2. What is the relationship between marginal revenue and price?

mn + ROW Table Title Revenue Data for a Purely Competitive Firm Column 1 Column 2 Column 3 Column 4 Column 5 Price Quantity Total Revenue (TR) Average Revenue Marginal Revenue 9 m LO 120 9 2 9 9 180

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