Business, 17.10.2019 01:00 hdkdkdbx

If a competitive firm is selling 500 units of its product at a price of $8 per unit and earning a positive profit, then a. its average revenue is greater than $8. b. its total cost is less than $4,000. c. its marginal revenue is less than $8. d. all of the above are correct.

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If a competitive firm is selling 500 units of its product at a price of $8 per unit and earning a po...

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