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You have been hired as an advisor for a firm. The firm wants you to find the price that will maximize their profits. They provide

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You have been hired as an advisor for a firm. The firm wants you to find the price that will maximize their profits. They provide the following information: At $3.00, they sold 600 units. At $2.50, they sold 900 units. Answer the following questions in the Excel Worksheet provided in the Course Content. 7.1 Calculate marginal revenue (MR) 7.2 Calculate marginal cost (MC) 7.3 What price should the firm sell at based on MR and MC

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