5. Using the following demand schedule, compute marginal and average revenue: Price $100 $95 $88 $80 $70

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5. Using the following demand schedule, compute marginal and average revenue:

Price

$100 $95 $88 $80 $70 $55 $40 $22 Quantity 1 2 3 4 5 6 7 8

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Fundamentals Of Economics

ISBN: 9781133956105,9781285531847

6th Edition

Authors: William Boyes, Michael Melvin

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