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Calculate the Marginal Revenue. Total Quantity 1 3 5 7 Price Average Marginal Total Average Total Cost $300 $300 400 Total Revenue Revenue Revenue

Calculate the Marginal Revenue. Total Quantity 1 3 5 7 Price Average Marginal Total Average Total Cost $300 $300 400 Total Revenue Revenue Revenue Cost $300 $300 500 1500 600 800 5600 3000 $600 600 700 Marginal Total Cost Profits $0 4900

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