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1. From the table below, calculate the marginal revenue, marginal cost, and profit for the price of $1900, $1700, and $1600. 2. At which prices
1. From the table below, calculate the marginal revenue, marginal cost, and profit for the price of $1900, $1700, and $1600. 2. At which prices does the clinic make a profit? Which price maximizes profits? Procedures 50 100 200 250 Price $2000 $1900 $1700 $1600 Revenue $100,000 $190,000 $340,000 $400,000 Cost $102,500 $185,000 $320,000 $387,500 Marginal N/A Revenue Marginal N/A Cost Profit
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