Question: Why is it that a perfectly compethlve fith should decrease dutdut if e Mic? Multiple Choice Marginal revenue is decreasing. Total revenues are decreasing. Marginal
Why is it that a perfectly compethlve fith should decrease dutdut if e Mic?
Multiple Choice
Marginal revenue is decreasing.
Total revenues are decreasing.
Marginal costs are increasing.
The firm is producing units that cost more to produce than the firm receives in revenue, thus reducing profits or increasing losses
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