Question
Consider the following information from the previous problem: FC=$2,450 and when q=19 then AVC=$500 and when q=20 then ATC=$600. If the firm decides to make
Consider the following information from the previous problem: FC=$2,450 and when q=19 then AVC=$500 and when q=20 then ATC=$600.
If the firm decides to make 20 units (q=20), what is the MR at q=20?
Group of answer choices
$50
$100
$500
$1000
Not enough information
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
