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If a monopoly firm is selling its 10 th unit of output for $65, its marginal revenue will be A.Less than $65 B.Zero C.More than

If amonopoly firmis selling its 10thunit of output for $65, itsmarginal revenuewill be

A.Less than $65

B.Zero

C.More than $65

D.$650

A firm in the perfect competition marketproduces200 units ataverage cost$40 per unit. Theaverage revenueof the firm is $30. In this scenario,the firm will get

A.No loss, no profit

B.Loss $2000

C.Profits $2000

D.Loss $8000

Garry and Simmy are the business partners who have opened a restaurant in Downtown. They provide lunch in a sealed box. They paylump sumamount $3500 rent for heating expenses. Theirtotal variable costis $2500.Average costis estimated as $4. Thequantityof their sealed dinner boxes is

A.1500

B.1900

C.1100

D.4000

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