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Some app CENGAGE |MADTAP automatic Mindtap Lesson 3 Homework PRICE (Dollars per small box) 5 6 QUANTITY (Millions of small boxes) Suppose that Falero is
Some app CENGAGE |MADTAP automatic Mindtap Lesson 3 Homework PRICE (Dollars per small box) 5 6 QUANTITY (Millions of small boxes) Suppose that Falero is one of more than a hundred competitive firms in San Diego that produce such cardboard boxes. Based on the preceding graph showing the dally market demand and supply curves, the price Falero must take as given is s Fill in the price and the total, marginal, and average revenue Falero earns when it produces 0, 1, 2, or 3 boxes each day. Quantity Price Total Revenue Marginal Revenue Average Revenue (Boxes) (Dollars per box) (Dollars) (Dollars) (Dollars per box)
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