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Title: When a firm in a competitive market produces 10 units of output, it has a marginal revenue of $8.00. What would be the

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Q:

When a firm in a competitive market produces 10 units of output, it has a marginal revenue of $8.00. What would be the firm’s total revenue when it produces 6 units of output?

           a.   $4.80

           b.   $6.00

           c.    $48.00

           d.   $60.00


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Title: When a firm in a competitive market produces 10 units of output, it has a marginal revenue of $8.00. What would be the

    • This tutorial was purchased: 1.

    • Posted Date: Apr 27, 2012 at 9:11:07 PM

    • The full tutorial is about words long

 
A:
...sp;        a.   $4.80         ...
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