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Assume That the Short-Run Cost and Demand Data Given in the Tables

question 81

Multiple Choice

Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given product and engaged in a given amount of product promotion. Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given product and engaged in a given amount of product promotion.   If the firm sells 3 units of output, marginal revenue will be A) $−5. B) $35. C) $135. D) $165. If the firm sells 3 units of output, marginal revenue will be


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