Whether marginal revenue is constant or decreasing depends on a. Whether the firm is benefiting from the
Question:
Whether marginal revenue is constant or decreasing depends on
a. Whether the firm is benefiting from the division of labor.
b. Whether the firm is dealing with diminishing returns.
c. How much the firm sells.
d. Whether the firm faces competition.
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d Whether the firm faces competition Explanation If the price is set in a market that it c...View the full answer
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