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Figure: Demand and Marginal Revenue Use the following to answer questions: Figure: Demand and Marginal Revenue   -(Figure: Demand and Marginal Revenue)  The figure Demand and Marginal Revenue refers to a software upgrade. The producer incurred fixed costs of $10 million to produce the upgrade; the marginal cost of allowing consumers to download the upgrade is zero. What is the efficient price of the upgrade? A)  $0 B)  $50 C)  $75 D)  $100
-(Figure: Demand and Marginal Revenue) The figure Demand and Marginal Revenue refers to a software upgrade. The producer incurred fixed costs of $10 million to produce the upgrade; the marginal cost of allowing consumers to download the upgrade is zero. What is the efficient price of the upgrade?


Definitions:

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