Assume that the total revenue curve for a firm is given by TR = 2Q. We know for sure that:
a. the firm is a monopolist
b. the firm is not a monopolist
c. the firm may be a monopolist or a perfectly competitive firm
d. this question is too hard for me and I do not know the correct answer so give me a zero
e. none of the above
Ans: b. the firm is not a monopolist
Economics
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Economics