Suppose a firm collects 90 in revenues when it sells 4, Ask an Expert

Economics

Suppose a firm collects $90 in revenues when it sells 4 units, $100 in revenues when it sells 5 units, and $105 when it sells 6 units. You could infer the firm is likely to be:

A. a perfect competitor.
B. a cost minimizer.
C. a perfect competitor or a monopolist.
D. a monopolist.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M945663

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