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1.Compute the total revenue, marginal revenue and average revenue schedules in the following table. Market price of each unit of the good is $ 10.

1.Compute the total revenue, marginal revenue and average revenue schedules in the following table. Market price of each unit of the good is $ 10. Quantity Sold TR MR AR 0 1 2 3 4 5 6 2. Consider the example of a firm which produces and sells studio recording equipment. PRICE () QUANTITY DEMANDED (000) TOTAL REVENUE (000) MARGINAL REVENUE (000) 10 3 9 4 8 5 7 6 6 7 5 8 4 9 3 10 2 11 1 12 1. Using the information contained in the example calculate total and marginal revenue

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