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The Slope of the Total Revenue Curve Equals

Question 92

Multiple Choice

The slope of the total revenue curve equals


A) marginal revenue, which equals price for a perfectly competitive firm
B) marginal revenue, which is greater than price for a perfectly competitive firm
C) marginal revenue, which is less than price for a perfectly competitive firm
D) average revenue, which is greater than price for a perfectly competitive firm
E) average revenue, which is less than price for a perfectly competitive firm

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