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For a Given Market Price,a Perfectly Competitive Firm's Total-Revenue Curve

Question 33

Multiple Choice

For a given market price,a perfectly competitive firm's total-revenue curve


A) is a positively sloped straight line,starting from the origin.
B) increases to the right and then declines when MC = MR.
C) is a straight line that coincides with the market demand curve.
D) is the same as the firm's demand curve.
E) is the same as the firm's MR curve.

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