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  • Price Determination in Different Markets 2
  • A competitive firm faces a demand curve q = 200 - 100 p. ...
Multiple choice

A competitive firm faces a demand curve q = 200 - 100 p. If the firm wants to maximise total revenue, then output is

  1. 50

  2. 100

  3. 150

  4. 200

Reveal answer Fill a bubble to check yourself
D Correct answer

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