Which of the Following Is True for a Price-Searcher Firm

question 159

Multiple Choice

Which of the following is true for a price-searcher firm?

• A) Its marginal revenue curve will lie below its demand curve.
• B) Its marginal revenue curve will lie above its demand curve.
• C) Its marginal revenue curve is equal to its demand curve.
• D) Its marginal revenue curve is horizontal at the market equilibrium price.

---

Definitions:

Sierra Club

An environmental organization established in the United States to promote conservation of the natural environment.

Conservation

The protection and preservation of the natural environment, including plants, animals, and natural resources, to prevent exploitation and degradation.

Preservation

The act of maintaining or conserving something in its original or existing state, often applied to cultural, historical, and environmental endeavors.

Gifford Pinchot

An American forester and politician who served as the first Chief of the US Forest Service and was a key figure in the conservation movement.