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For the demand curve facing a perfectly competitive firm is MR > Q > 0 P >MR < AR P= MR = AR MR < Q

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter9: Perfect Competition

Section9.1: The Theory Of Perfect Competition

Problem 3ST

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For the demand curve facing a perfectly competitive firm is

	MR > Q > 0
	P >MR < AR
	P= MR = AR
	MR < Q

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