Question: I HAVE SOME QUESTIONS THAT I DON'T KNOW. PLEASE HELP ME. THANK YOU If a firm lowers its price from the point where MR =

I HAVE SOME QUESTIONS THAT I DON'T KNOW. PLEASE HELP ME. THANK YOU

YOU If a firm lowers its price from the point where MR

If a firm lowers its price from the point where MR = MC in perfect competition, it will experience ; in imperfect competition, it will experience 0 less profit; the quantity demanded increasing 0 the revenue disappearing; the quantity demanded decreasing 0 increasing revenue; decreasing revenue 0 less profit; increasing demand \f

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