Mathematics, 06.11.2019 06:31 nesa10
Which of the following is not true for a firm in perfect competition? profit equals total revenue minus total cost. average revenue is greater than marginal revenue. marginal revenue equals the change in total revenue from selling one more unit. price equals average revenue.
Answers: 2
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Which of the following is not true for a firm in perfect competition? profit equals total revenue m...
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