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Homework answers / question archive / The data in the following table give information about the price P in dollars) for which a firm can sell a unit of output and the total cost of production, where quantity is q, total cost is C, marginal cost is MC, total revenue is R, marginal revenue is MR, and profit is T
The data in the following table give information about the price P in dollars) for which a firm can sell a unit of output and the total cost of production, where quantity is q, total cost is C, marginal cost is MC, total revenue is R, marginal revenue is MR, and profit is T. Fill in the blanks in the following table. (Enter your responses using integers.) P = 56 MR P = 50 MR q C MC R TT R T 0 100 1 150 2 178 3 198 4 212 230 250 covou 272 310 9 355 10 410 11 475
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