Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter13: Firms In Competitive Markets
Section13.1: What Is A Competitive Market?
Problem 1QQ
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When a competitive firm doubles the amount it sells, what happen to the price of its output and its total revenue
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