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    Principles of Economics Study Set 12
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    Exam 10: Monopoly
  5. Question
    Exhibit 10-2 -Refer to Exhibit 10-2. Calculate Marginal Revenue for the Second
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Exhibit 10-2 -Refer to Exhibit 10-2. Calculate Marginal Revenue for the Second

Question 35

Question 35

Essay

Exhibit 10-2 Exhibit 10-2   -Refer to Exhibit 10-2. Calculate marginal revenue for the second, third, and fourth unit of output.
-Refer to Exhibit 10-2. Calculate marginal revenue for the second, third, and fourth unit of output.

Correct Answer:

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$42; $34; $26
TR1 = 50; TR

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