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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.

  1. 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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