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A firm is able to sell any quantity of a good at a given price. The firm’s marginal revenuewill be:

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Question:

A firm is able to sell any quantity of a good at a given price. The firm’s marginal revenuewill be:

A.

Greater than Average Revenue

B.

Less than Average Revenue

C.

Equal to Average Revenue

D.

Zero

Answer» c. Equal to Average Revenue

Note: The above multiple-choice question is for all general and Competitive Exams in India.