In perfect competition, a firm's marginal revenue is
A.
equal to price.
B.
the...
Social Studies, 01.04.2021 08:40 fubowangkevin
In perfect competition, a firm's marginal revenue is
A.
equal to price.
B.
the change in the firm's total revenue divided by the change in the firm's output.
C.
the additional revenue the firm earns when it sells one more unit of output.
D.
All of the above.
E.
Only A and B above.
Answers: 1
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