For a price-taking firm, marginal revenue Select one: a. is the addition to total revenue from producing one more unit of output. b. decreases as the firm produces more output. c. is equal to price at any level of output. d. both a and b e. both a and c
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Home » Business » For a price-taking firm, marginal revenue Select one: a. is the addition to total revenue from producing one more unit of output. b. decreases as the firm produces more output. c. is equal to price at any level of output. d. both a and b e.