Chapter 10.1 Quiz econ1 A perfectly competitive firm faces a horizontal demand curve, therefore: A perfectly competitive

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Chapter 10.1 Quiz econ1 A perfectly competitive firm faces a horizontal demand curve, therefore: A perfectly competitive firm faces a horizontal demand curve, therefore: average revenue is below marginal revenue. marginal revenue is below average revenue. average revenue is the same as marginal revenue. marginal revenue falls faster than average revenue

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Chapter 10.1 Quiz econ1 A perfectly competitive firm faces a horizontal demand curve, therefore: A perfectly competitive

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