Business, 27.02.2020 19:24, thomasmurphy200

In a perfectly competitive market

A. Price exceeds marginal revenue for each unit sold
B. Average revenue exceeds marginal revenue for each unit sold
C. Administrative barriers can make it difficult for firms to enter an industry
D. No seller can influence the price of the prduct

Answers: 3

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In a perfectly competitive market

A. Price exceeds marginal revenue for each unit sold