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For a perfectly competitive​ firm, the price of its good is equal to the​ firm's marginal revenue because

For a perfectly competitive​ firm, the price of its good is equal to the​ firm's marginal revenue because
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For a perfectly competitive​ firm, the price of its good is equal to the​ firm's marginal revenue because

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User Jsh
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1 Answer

5 votes
because -

individual perfectly competitive firms cannot influence the market price by changing their output
answered
User Liamvictor
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