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16 March, 10:50

If a nondiscriminating imperfectly competitive firm is selling its 100th unit of output for $35, its marginal revenue:

a. will be less than $35.

b. will be greater than $35.

c. will also be $35.

d. may be either greater or less than $35.

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Answers (1)
  1. 16 March, 11:17
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    c. will also be $35.

    Explanation:

    As we know that the MR should be less than price level.
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