Which of the Following Is True of the Total Revenue

question 87

Multiple Choice

Which of the following is true of the total revenue curve of a perfectly competitive firm?

• A)It is horizontal.
• B)It is vertical.
• C)The slope of the curve decreases as output increases.
• D)The slope of the curve increases as output increases.
• E)The slope of the curve remains at a constant slope as output increases.

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