Multiple Choice
The additional revenue a firm in a competitive market receives if it increases its production by one unit is equal to:
A) average revenue
B) price
C) marginal revenue
D) all of the above
Correct Answer:
Verified
Related Questions
The additional revenue a firm in a competitive market receives if it increases its production by one unit is equal to:
A) average revenue
B) price
C) marginal revenue
D) all of the above
Correct Answer:
Verified