How to nfer the firm is likely to be a perfect competitor, Microeconomics

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How to nfer the firm is likely to be a perfect competitor

Suppose a firm collects $90 in revenues when it sells 4 units, $100 in revenues when it sells 5 units, and $105 when it sells 6 units. You could infer the firm is likely to be:

A. a perfect competitor.
B. a cost minimizer.
C. a perfect competitor or a monopolist.
D. a monopolist.

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Microeconomics: How to nfer the firm is likely to be a perfect competitor

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Microeconomics: How to nfer the firm is likely to be a perfect competitor

Reference No:- TGS045663

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Construct a cash disbursement budget for march - may only

Q : Which investment strategy has highest expected yield

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Reference No:- TGS045663

Recent Questions Asked Microeconomics

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