Business
Business, 06.12.2019 00:31, fifamonkey772

Suppose that a firm operating in perfectly competitive market sells 50 units of output. its total revenues from the sale are $500. which of the following statements is correct? (i) marginal revenue equals $5. (ii) average revenue equals $10. (iii) price equals $15.

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Suppose that a firm operating in perfectly competitive market sells 50 units of output. its total re...

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