Suppose a competitive firm has cost, C = (0.002q ) + (22q) + 750, marginal cost, MC = 0.006q- + 22, and revenue, R =
Suppose a competitive firm has cost, C = (0.002q ) + (22q) + 750, marginal cost, MC = 0.006q- + 22, and revenue, R = 80q. If the firm produces 150 units of output, O A. MR > MC. O B. MR 0
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