Refer to the information. For a purely competitive firm: a. marginal revenue will graph as an upsloping line. b. the demand curve will lie above the marginal revenue curve. c. the marginal revenue curve will lie above the demand curve. d. the demand and marginal revenue curves will coincide.

Refer to the information. For a purely competitive firm:
a. marginal revenue will graph as an upsloping line.
b. the demand curve will lie above the marginal revenue curve.
c. the marginal revenue curve will lie above the demand curve.
d. the demand and marginal revenue curves will coincide.

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