If a Perfectly Competitive Firm's Price Increases,then

question 114

Multiple Choice

If a perfectly competitive firm's price increases,then:

• A)the marginal-cost curve will shift up.
• B)the demand curve faced by the firm will shift to the left.
• C)marginal cost will fall as output declines.
• D)the marginal-revenue curve for the firm will shift up.
• E)the marginal-cost curve for the firm will shift down.

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