Business, 08.04.2020 04:19 Eric0393nsuh

If a firm in a purely competitive industry is confronted with an equilibrium price of $5, its marginal revenue: will be less than $5. may be either greater or less than $5. will be greater than $5. will also be $5.

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If a firm in a purely competitive industry is confronted with an equilibrium price of $5, its margin...