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MC Qu. 10-68 (Algo) A purely competitive firm currently... A purely competitive firm currently producing 10 units of output earns marginal revenues of $15 from

MC Qu. 10-68 (Algo) A purely competitive firm currently...

A purely competitive firm currently producing 10 units of output earns marginal revenues of $15 from each extra unit of output it sells. If it sells 20 units, then its total revenues would be

Multiple Choice

$300.
$150.
indeterminate based on the information given.
$200.

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