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The graphs below show marginal revenue, marginal cost, and average cost for producing Things. 21 1 18 MR 15 dollars per Thing AC 6 MC
The graphs below show marginal revenue, marginal cost, and average cost for producing Things. 21 1 18 MR 15 dollars per Thing AC 6 MC 3 50 100 250 300 150 200 quantity (in Things) Approximate the change in total revenue if quantity changes from 70 to 71 Things. ANSWER: dollars
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