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Circle the correct formula for marginal revenue ( MR ) a . M R = 1 9 . 5 7 - 0 . 4 4
Circle the correct formula for marginal revenue MR
a
b c
d
e
a Price must fall but market quantity is indeterminate.
b Quantity must increase but market price is indeterminate.
c Price must increase but market quantity is indeterminate.
d Quantity must decrease but market p rice is indeterminate.
e Price must increase and Quantity must increase.
f Price must increase and quantity must decrease.
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