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Table 3 shows the cost and revenue for a pure monopoly respectively. Complete the total revenue (TR), marginal revenue (MR), marginal cost (MC) and average
Table 3shows the cost and revenue for a pure monopoly respectively.
- Complete the total revenue (TR), marginal revenue (MR), marginal cost (MC) and average total cost (ATC) columns
OUTPUT | PRICE | TR | MR | TC | MC | ATC |
1 | 100 | Answer | Answer | 110 | Answer | Answer |
2 | 95 | Answer | Answer | 180 | Answer | Answer |
3 | 90 | Answer | Answer | 240 | Answer | Answer |
4 | 85 | Answer | Answer | 300 | Answer | Answer |
5 | 80 | Answer | Answer | 370 | Answer | Answer |
6 | 75 | Answer | Answer | 456 | Answer | Answer |
7 | 70 | Answer | Answer | 567 | Answer | Answer |
Table 3
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