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revenue: A. B If a firm in a purely competitive industry is confronted with an output price of $5, its marginal C. D. may be

revenue: A. B If a firm in a purely competitive industry is confronted with an output price of $5, its marginal C. D. may be either greater or less than $5. will also be $5. will be less than $5. will be greater than $5.
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[1] If a firm in a purely competitive industry is confronted with an output price of $5, its marginal revenue: A. may be either greater or less than $5. B. will also be $5. C. will be less than $5. D. will be greater than $5

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