In perfect competition, why is a firms marginal revenue curve also the demand curve for the firms

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In perfect competition, why is a firm’s marginal revenue curve also the demand curve for the firm’s output?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:16 AM

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In perfect competition, why is a firms marginal revenue curve also the demand curve for the firms

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A perfectly competitive firms demand curve is a horizontal line at the marke...View the full answer

Microeconomics

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