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If the marginal revenue curve lies above the demand curve for a firm, then a.this must be a monopolistically competitive firm. b.both curves are parallel.
- If the marginal revenue curve lies above the demand curve for a firm, then
a.this must be a monopolistically competitive firm.
b.both curves are parallel.
c.both curves are upward-sloping.
d.both curves are downward-sloping.
e.this is not a firm that exists in any traditional industries.
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