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Question: 1 a firm faces a downwardsloping linear demand a what...

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1. A firm faces a downward-sloping linear demand (a) What is the firms marginal revenue if the firm is i. a perfectly competitive firm? ii. a monopolist that can set a uniform price? ii. a monopolist that can perfectly price discriminate? (b) For each of the above cases, state whether the marginal revenue increases, decreases, or is constant in the quantity that the firm produces

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