If at Q8, marginal revenue is equal to 12 and marginal profit is zero, calculate a). marginal

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If at Q8, marginal revenue is equal to 12 and marginal profit is zero, calculate

a). marginal cost

b). total revenue

c). profit

d). quantity (Q) that maximizes profit

Related Book For answer-question

An Introduction to Analysis

ISBN: 978-0132296380

4th edition

Authors: William R. Wade

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Posted Date: Sep 08, 2020 02:15 PM

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If at Q8, marginal revenue is equal to 12 and marginal profit is zero, calculate a). marginal

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Expert Answer:

a marginal cost 12 b total revenue 96 c profit 0 ... View the full answer

An Introduction to Analysis

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