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Business, 16.10.2019 21:00 journey888

Suppose a firm in a competitive market earned $1,000 in total revenue and had a marginal revenue of $10 for the last unit produced and sold. what is the average revenue per unit, and how many units were sold? a. $5 and 50 units b. $10 and 100 units c. $10 and 50 units d. $5 and 100 units

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Suppose a firm in a competitive market earned $1,000 in total revenue and had a marginal revenue of...
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