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In a graph with output on the horizontal axis and total revenue on the vertical axis, what is the shape of the total revenue curve for a perfectly competitive seller?
Fish
Aquatic animals that are primarily gilled and often harvested for food, sport, or aquariums.
Coconuts
Tropical fruits with a hard shell, edible white flesh, and clear liquid inside, often found in coastal regions.
Factor Of Production
An input used in the creation of a good or service; these include labor, capital, land, and entrepreneurship.
Factor Market
The factor market is where services of the factors of production (such as labor, land, and capital) are bought and sold.
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