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Other Fields Homework Help Economics Topic started by: sgy_89 on May 25, 2017



Title: Assume that a price searcher was selling 10 units of output at a price of $5 a unit. If price must ...
Post by: sgy_89 on May 25, 2017
Assume that a price searcher was selling 10 units of output at a price of $5 a unit. If price must be lowered to $4.75 to sell 11 units, the marginal revenue associated with the 11th unit would be
A) $4.00.
B) $4.75.
C) $2.75.
D) $2.25.
E) $0.25.


Title: Re: Assume that a price searcher was selling 10 units of output at a price of $5 a unit. If price ...
Post by: Vila on May 25, 2017
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