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Question 21 (1 point) In the case of perfect competition, the firm's average revenue is its marginal revenue, and they are both price. larger than;

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Question 21 (1 point) In the case of perfect competition, the firm's average revenue is its marginal revenue, and they are both price. larger than; equal to O equal to; equal to equal to; larger than smaller than; larger thanQuestion 8 (1 point) In the absence of externalities, allocationefficiency is achieved at the Q where OTR = TC OMC = AR OMC = MR OATC = P

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