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Question 2 The marginal revenue schedule for your product is: (Q=1, MR=$6); (Q=2, MR=$5); (0=3, MR=$4); (0=4, MR=$3); (Q=5, MR=$2); (Q=6, MR=1); (0=7, MR=$0). If

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Question 2 The marginal revenue schedule for your product is: (Q=1, MR=$6); (Q=2, MR=$5); (0=3, MR=$4); (0=4, MR=$3); (Q=5, MR=$2); (Q=6, MR=1); (0=7, MR=$0). If your MC is constant at $2.50, your profit- maximizing output level is 7_ impossible to determine without knowing Pat each Q along the demand curve. 4. 6

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