rylan4263 rylan4263

02-06-2023
Business

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Marginal revenue: i. What is the relationship between ∣ε∣ and marginal revenue? ii. When TR is maximized, how much is MR and hence how much is ∣ε∣ ? iii. If P=30 and MR=24, then how much is ∣ε∣ ?

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