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MariettaO [177]
3 years ago
5

For a uniform-price monopolist _______________; and for a perfectly competitive firm _______________ :

Business
1 answer:
suter [353]3 years ago
4 0
For a uniform-price monopolist the Profit is equal to Average Revenue as long as Average revenue is greater than Marginal revenue (P = AR > MR ). For a perfectly competitive firm, the Profit is equal to both Average Revenue and it is also equal to Marginal Revenue (P = MR = AR).
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When using modified accrual accounting, revenues should be recognized when measurable and available to finance expenditures of t
Tanzania [10]

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False.

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4 0
4 years ago
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7 0
3 years ago
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3 years ago
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