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-The Figure Above Shows the Marginal Revenue and Costs of a Perfectly

Question 287

Multiple Choice

  -The figure above shows the marginal revenue and costs of a perfectly competitive firm. When the firm produces 170 units A)  marginal cost is less than marginal revenue. B)  marginal revenue equals marginal cost. C)  total revenue is less than total cost. D)  total revenue equals total cost.
-The figure above shows the marginal revenue and costs of a perfectly competitive firm. When the firm produces 170 units


A) marginal cost is less than marginal revenue.
B) marginal revenue equals marginal cost.
C) total revenue is less than total cost.
D) total revenue equals total cost.

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