If a Competitive Firm Doubles Its Output, Its Total Revenue

question 29

Multiple Choice

If a competitive firm doubles its output, its total revenue

• A) doubles.
• B) more than doubles.
• C) less than doubles.
• D) cannot be determined because the price of the good may rise or fall.

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Definitions:

System.out

In Java, a class field that represents the standard output stream, typically the console, used for printing output.