The marginal revenue curve of a perfectly competitive firm
A) has a vertical intercept equal to exactly one-half of the vertical intercept for the demand curve.
B) lies below the demand curve and above the average revenue curve.
C) intersects the average revenue curve from above at the maximum point of the average revenue curve.
D) is also the demand curve faced by the firm.
D
Economics
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a. True b. False Indicate whether the statement is true or false
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