In perfect competition, marginal revenue, average revenue, and ______ are all equal.

a. percentage revenue
b. quantity
c. total revenue
d. price

d. price

Economics

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A firm's principals are its

A) shareholders. B) management. C) values. D) customers.

Economics

An increase in the unemployment rate would affect tax receipts and government expenditures by

A. reducing tax receipts and expenditures. B. increasing tax receipts and expenditures. C. reducing tax receipts and raising expenditures. D. raising tax receipts and reducing expenditures.

Economics