Question

A market demand curve specifies the determinants of individual demand. Select one: 0 True
If a competitive firm is producing a level of output where marginal revenue exceeds marginal cost, the firm could increase pr
In a competitive market, both buyers and sellers are price takers. Select one: O True O False
if a competitive firm is producing a level of output where marginal revenue exceeds marginal cost, the firm could increase pr
Which of the following is not a property of a perfectly competitive market? Select one: O a. Buyers and sellers are self-inte
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Date Answer - false, The market demand Curue is the Sum of all individual demand curcle. The marlat demand markat curue givesSaathi Date 2 Answer-2, option b, increased production. І. С Marginal Revenue Marginal cost that means firm generate profet iCaathi 3 Date 1 Answert false, In competetive markat only Seller firm are price taker. If firm Charge higher price than marik

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