Question

Which of the following statements is accurate?

A Under the perfect competition, the marginal revenue and average revenue are indicated by a common rectangular hyperbola
B Under the perfect competition, the marginal revenue and average revenue are indicated by a common horizontal straight line
C Under the perfect competition, the marginal revenue and average revenue are indicated by a common vertical straight line
D Under the perfect competition, the marginal revenue and average revenue are indicated by different lines that are sloping downward
E None of these
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