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Suppose that the market price in a perfectly competitive industry is $30 per unit. Using the line drawing tool, plot a possible marginal revenue line
Suppose that the market price in a perfectly competitive industry is $30 per unit. Using the line drawing tool, plot a possible marginal revenue line given this price. Label this line 'MR'. Carefully follow the instructions above, and only draw the required objects. Price,ATC, MC (s) 100 90 80 T0 60 50 40 30 2O 10 AVC ,op l3
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