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  • 01-08-2020
  • Mathematics
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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?

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maazahmed6078
maazahmed6078 maazahmed6078
  • 01-08-2020

Answer:

      $5 and 50 units

Step-by-step explanation:

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