-The Feature of the Above Figure That Indicates That the Firm

question 173

Multiple Choice

-The feature of the above figure that indicates that the firm is a perfectly competitive firm is the

• A) shape of the total cost curve.
• B) shape of the total revenue curve.
• C) fact that the total cost and total revenue curves are farthest apart at output is Q₂.
• D) fact that the total cost and total revenue curves cross twice.

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Definitions:

Persuasive Essay

A type of writing that aims to convince the reader to agree with the writer's opinion or perspective on a certain topic.

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