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Which of the following will lead to corner equilibrium?
Leading Firms
Leading firms are companies at the forefront of their industries, often setting standards and trends for others to follow.
Perfect Competitor
an individual firm operating in a perfect competition market structure, which cannot influence the market price and produces a standard product.
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded by consumers, typically sloping downward from left to right.
Marginal Revenue
The additional revenue that is generated by selling one more unit of a product or service.
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