Why does price equal marginal revenue for the purely competitive firm? What is the relationship to the

Question:

Why does price equal marginal revenue for the purely competitive firm? What is the relationship to the demand curve for the firm?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Intermediate Microeconomics and Its Application

ISBN: 978-0324599107

11th edition

Authors: walter nicholson, christopher snyder

Question Posted: