In Answering the Question, Assume a Graph in Which Dollars

question 323

Multiple Choice

In answering the question, assume a graph in which dollars are measured on the vertical axis and output on the horizontal axis.For a purely competitive firm, marginal revenue graphs as a

• A)straight, upsloping line.
• B)straight line, parallel to the vertical axis.
• C)straight line, parallel to the horizontal axis.
• D)straight, downsloping line.

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