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The marginal revenue received by a firm in a perfectly competitive market:____a.is greater than the market price.b.is less than the market price.c.is equal to its average revenue.d.increases with the quantity
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The marginal revenue received by a firm in a perfectly competitive market:____a.is greater than the market price.b.is less than the market price.c.is equal to its average revenue.d.increases with the quantity of output sold.

User Pravin Bansal
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Answer:

C. Is equal to its average revenue.

User Robertdj
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