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    Principles of Economics Study Set 8
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    Exam 14: Firms in Competitive Markets
  5. Question
    A Competitive Firm Sells 500 Units of Output and Its
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A Competitive Firm Sells 500 Units of Output and Its

Question 233

Question 233

Short Answer

A competitive firm sells 500 units of output and its marginal revenue at 500 units of output is $35. The firm's total revenue amounts to __________.

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