Describe why in perfect competition the market price of a good becomes the marginal revenue (MR) associated

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Describe why in perfect competition the market price of a good becomes the marginal revenue (MR) associated with a given individual firm producing and selling one more unit.

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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Posted Date: Feb 23, 2024 12:01 AM

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Describe why in perfect competition the market price of a good becomes the marginal revenue (MR) associated

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Modern Principles of Economics

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