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If the price of a good rises,then in the new consumer equilibrium all of the following are true except
Marginal Revenue Curve
A graphical representation showing the change in total revenue for each additional unit of a good or service sold.
Marginal Cost
The heightened cost from fabricating an extra unit of a good or service.
Marginal Revenue
The increase in revenue that results from the sale of one additional unit of a product or service.
Industry Equilibrium Price
The price at which the quantity of goods supplied equals the quantity of goods demanded in an industry.
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