A clinic's average and marginal cost per case is $400. It charges $600 per case and serves

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A clinic's average and marginal cost per case is $400. It charges $600 per case and serves 1,000 customers. Its marketing team predicts that it will expand its sales to 1,250 if it cuts its price to $550. How do profits change if it cuts prices? What is the firm's marginal revenue?

Posted Date: May 18, 2024 09:15 PM

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A clinic's average and marginal cost per case is $400. It charges $600 per case and serves

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