Question

$\sf \colorbox{skyblue} {Question}$
assuming that the competitivefirm output is doubled,then what will happen to the firms total revenue?
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Answer 1

Answer:

This also means that a competitive firm can sell any number of products it chooses to produce at the market price and total revenues are dependent only on the quantity it produces. Hence, if the a firm doubles its output, its total revenues will also double.

Explanation:

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