What is the relationship to the demand curve for the firm, Microeconomics

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What is the relationship to the demand curve for the firm

Problem

1. Why does price equal marginal revenue for the perfectly competitive firm?
2. What is the relationship to the demand curve for the firm?
3. What is resource allocative efficiency? What is the profit-maximizing condition for the perfectly competitive firm?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the relationship to the demand curve for the firm

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Microeconomics: What is the relationship to the demand curve for the firm

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