Examlex
Which of the following best describes the function of the RecA protein in E.coli?
Marginal Revenue
The additional income from selling one more unit of a good; it is the change in total revenue from an additional unit sold.
Competitive Price-searcher
A market participant that actively seeks out and compares prices in order to find and exploit competitive price advantages.
Marginal Revenue
The revenue gain from selling one more unit of a good or service.
Competitive Price-searcher
A model where firms set their own prices due to product differentiation and face a downward-sloping demand curve, unlike in perfect competition.
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