Suppose John's moving service is operating in a perfectly competitive market and can charge $10 per hour of service. This means that the marginal revenue
Suppose John's moving service is operating in a perfectly competitive market and can charge $10 per hour of service. This means that the marginal revenue earned by John is equal to the (A) total output times the price. O B) ratio of revenue to quantity. O C) price it can charge for the service O D) difference between revenue and cost
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