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Which of the following is true only of a firm in a perfect competition market structure? Question 8 options: 1) marginal revenue = average revenue

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Which of the following is true only of a firm in a perfect competition market structure? Question 8 options: 1) marginal revenue = average revenue 2) average variable cost = average total cost - average fixed cost 3) average revenue = total revenue - total output 4) average fixed cost = average variable cost

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