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If a Perfectly Competitive Firm's Marginal Revenue Is $35

Question 98

Multiple Choice

If a perfectly competitive firm's marginal revenue is $35,


A) the next unit sold will earn the firm less than $35 in revenue
B) the next unit sold will earn the firm more than $35 in revenue
C) the next unit sold will earn no more revenue
D) its average revenue is $35
E) its demand curve will shift if more units are sold

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