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Exhibit 8-1 Quantity and Total Revenue Data for a Firm

Question 66

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Exhibit 8-1 Quantity and total revenue data for a firm  Quantity  Total Revenue 0$016221243186\begin{array} { | c | c | } \hline \text { Quantity } & \text { Total Revenue } \\\hline 0 & \$ 0 \\1 & 62 \\2 & 124 \\3 & 186 \\\hline\end{array}
-In the perfectly competitive market, individual firms exert no effect on the market price. Therefore, the firm's marginal revenue curve is:


A) indeterminate.
B) an upward-sloping curve.
C) a downward-sloping curve.
D) the same as the firm's demand curve.

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