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    Principles of Economics
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    Exam 15: Entry, Exit, and Long-Run Profitability
  5. Question
    Total Revenue Divided by Quantity Is Called _____ or _____
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Total Revenue Divided by Quantity Is Called _____ or _____

Question 118

Question 118

Multiple Choice

Total revenue divided by quantity is called _____ or _____.


A) average revenue; profit
B) price; marginal revenue
C) price; profit
D) average revenue; price

Correct Answer:

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