The slope of the total revenue curve equals

a. marginal revenue, which equals price for a perfectly competitive firm
b. marginal revenue, which is greater than price for a perfectly competitive firm
c. marginal revenue, which is less than price for a perfectly competitive firm
d. average revenue, which is greater than price for a perfectly competitive firm
e. average revenue, which is less than price for a perfectly competitive firm


A

Economics

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The slope of an indifference curve reveals:

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We expect the price elasticity of supply to be

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