For firms operating in a perfectly competitive market, price must always be greater than marginal revenue.
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Q71: The short-run supply curve in a competitive
Q72: If a firm observes that the price
Q73: If some resources used in the production
Q74: In competitive markets where firms are observed
Q75: All firms operating in a perfectly competitive
Q77: When a firm sells 1 million coat
Q78: Firms in competitive markets can only earn
Q79: In the long run, if we observe
Q80: Whenever firms in a perfectly competitive market
Q81: When a competitive firm produces and sells
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