ECON 325 - What is the firm's marginal revenue

Question # 00621197 Posted By: dr.tony Updated on: 11/23/2017 01:27 PM Due on: 11/23/2017
Subject Economics Topic Microeconomics Tutorials:
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You are a super smart profit-maximizing firm in a competitive market currently producing 100 units of output. The market price is $10 while the firm's average cost is $8 and it's fixed cost are $200 at100 units of production.


What is the firm's marginal revenue?

What is the firms profit?

What is the firm's more marginal cost?

What is the firm's average variable cost?

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  1. Tutorial # 00619883 Posted By: dr.tony Posted on: 11/23/2017 01:27 PM
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