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Assume the market for street food is perfectly competitive. If the price is $ 6.38 per serving, what will be the average revenue of a

Assume the market for street food is perfectly competitive. If the price is $ 6.38 per serving, what will be the average revenue of a firm in this market? (answers in $s/serving)

a. 6.38

b. 7.66

c. 6.38 plus normal profit

d. 6.38 minus average fixed cost

e. It is impossible to answer without more information.

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