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  • 24-12-2017
  • Business
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For a perfectly competitive​ firm, the price of its good is equal to the​ firm's marginal revenue because

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midnitemoon80p03mds
midnitemoon80p03mds midnitemoon80p03mds
  • 26-12-2017
because -

individual perfectly competitive firms cannot influence the market price by changing their output
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