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Business, 13.12.2019 06:31 astigall6360

With a downward-sloping demand curve, average revenue is equal to price a. because the firm must lower its price to sell additional units. b. because the downward slope is constant. c. since average revenue is the slope of the demand curve. d. actually, average revenue is always equal to price, whether demand is downward sloping or no

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With a downward-sloping demand curve, average revenue is equal to price a. because the firm must low...
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