The price per unit of a commodity to a buyer is the same as the...

ECONOMICS
JAMB 2007

The price per unit of a commodity to a buyer is the same as the

  • A. Normal profit of the seller
  • B. Average revenue of the seller
  • C. Marginal cost of the commodity
  • D. Marginal revenue of the seller

Correct Answer: B. Average revenue of the seller



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