If a firm with increasing marginal costs is operating in a competitive market, then average revenue will be:

Name: If a firm with increasing marginal costs is operating in a competitive market, then average revenue will be:
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In a competitive market, the price of the product is determined by the market and is the same for all firms, meaning that the average revenue (which is the same as the price in a competitive market) remains constant regardless of the firm's output.

If a Firm with Increasing Marginal Costs Is Operating in a Competitive