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The following are a set of multiple choice questions based on new trade theory. 4.1 Suppose a firm faces a demand curve P = 100
The following are a set of multiple choice questions based on new trade theory. 4.1 Suppose a firm faces a demand curve P = 100 x1 Q. The slope of the firm's marginal revenue curve, provided P > 0 and Q > 0, will be: 1. Greater than or equal to x1 2. Smaller than x1
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