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1.what benefits are there to a business owner to know what is the marginal revenue of each individual unit versus simply an average breakeven point,
1.what benefits are there to a business owner to know what is the marginal revenue of each individual unit versus simply an average breakeven point, for example?
2.Is it possible for a firm that operates beyond the "shutdown point" where MC=MR to actually lose money on each unit of production? What does everyone think? Why?
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