A Firm Sells 100 Units of Output and Its Total

question 181

Short Answer

A firm sells 100 units of output and its total revenue is $800. The firm's average revenue amounts to __________.

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Definitions:

Body Temperature

A measure of the body's ability to generate and get rid of heat, indicative of the physical state of the body, typically around 37°C (98.6°F) in humans.

Hypothalamus

A region of the brain that controls an enormous number of bodily functions including hunger, thirst, sleep, and emotional activity.

Consciousness

The condition in which a person is conscious and can reflect on their own being, feelings, ideas, environment, and life events.

Suprachiasmatic Nucleus

A region in the brain's hypothalamus responsible for controlling circadian rhythms, including the sleep-wake cycle.