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21 . We can affirm that the income of a company in a perfectly competitive market is such that a. marginal income (MR) is greater
21 . We can affirm that the income of a company in a perfectly competitive market is such that a. marginal income (MR) is greater than the average income (AR). b. marginal revenue (MR) and average (AR) are equal to the price. c. marginal income (MR) is greater than total income (TR). d. total income (TR) is less than the average income (AR)
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Understanding Business
Authors: William NickelsJames McHughSusan McHugh
12th Edition
1259929434, 9781259929434
