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Question 159

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Use the following to answer question: Use the following to answer question: -(Figure: The Profit-Maximizing Firm in the Short Run) Use Figure: The Profit-Maximizing Firm in the Short Run.If the market price is P<sub>4</sub>,marginal revenue: A) and price are the same. B) is less than P<sub>4</sub>. C) is greater than P<sub>4</sub>. D) and price are unrelated.
-(Figure: The Profit-Maximizing Firm in the Short Run) Use Figure: The Profit-Maximizing Firm in the Short Run.If the market price is P4,marginal revenue:


A) and price are the same.
B) is less than P4.
C) is greater than P4.
D) and price are unrelated.

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