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Calculate output profit at an output of 4 units. The next 6 questions relate to the following table. Calculate total revenue at a quantity of
Calculate output profit at an output of 4 units. The next 6 questions relate to the following table. Calculate total revenue at a quantity of 5 units. (The table gives you Quantity, Price, and Total Costs, leaving the Total Revenue and Profit for you to calculate.) Quantity Price Total Revenue Total Cost Profit 0 70 0 1 70 60 2 70 120 3 70 180 4 70 300 5 70 410
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