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    Price Theory and Applications
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    Exam 5: The Behavior of Firms
  5. Question
    A Firm Has MR = $70 and MC = $20
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A Firm Has MR = $70 and MC = $20

Question 58

Question 58

Essay

A firm has MR = $70 and MC = $20 + Q.Fixed costs are $175.
A firm has MR = $70 and MC = $20 + Q.Fixed costs are $175.

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