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Total revenue decreases if price ________ and demand is ________.
Q5: Refer to Figure 6.11. Gordon's opportunity cost
Q10: A change in income, preferences, or prices
Q12: Assume the total product of two workers
Q42: Statistics show that the less developed a
Q43: Refer to Figure 7.12. If the firm's
Q68: Refer to Figure 8.5. The marginal cost
Q100: If a firm's total costs are $80
Q108: Refer to Table 8.5. Assume that fruit
Q161: If P = MC and MC >
Q180: The increase in total cost that results