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At which quantity does this firm produce the least marginal revenue? Quantity (Q) Total Revenue (TR) Marginal Revenue (MR) Total Cost (TC) Marginal Cost (MC)
At which quantity does this firm produce the least marginal revenue? Quantity (Q) Total Revenue (TR) Marginal Revenue (MR) Total Cost (TC) Marginal Cost (MC) 1 1,200 ? 500 500 2 2,200 ? 775 275 3 3,400 ? 1,000 225 4 4,900 ? 1,250 250 5 5,500 ? 1,650 400 6 6,000 ? 2,500 850 7 6,500 ? 4,000 1,500 8 6,200 ? 6,400 2,400
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
