If a Firm Is a Price Taker,then Its Marginal Revenue

question 72

Multiple Choice

If a firm is a price taker,then its marginal revenue will always equal

• A) price.
• B) total cost.
• C) zero.
• D) one.

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Definitions:

Need For Inclusion

The inherent desire or drive within individuals to belong, be accepted, and feel a part of a group or community.

Social Anxiety

A form of anxiety that occurs in social situations, characterized by a fear of being negatively judged or evaluated by others.

Attachment Theory

A psychological theory that explores the importance of "attachment" in human development, particularly the bonds between children and their caregivers.

FIRO Model

A psychological theory that explains human behavior and interaction based on the three fundamental needs of Inclusion, Control, and Affection.