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What is generally the case for a monopoly firm's average revenue? Select one: a. It is equal to marginal revenue. b. It is less than
What is generally the case for a monopoly firm's average revenue?
Select one:
a. It is equal to marginal revenue.
b. It is less than marginal revenue.
c. It is equal to the price of its product.
d. It is less than the price of its product.
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