Exhibit 22-6

-Refer to Exhibit 22-6. A perfectly competitive firm operating in the market depicted in graph (1) is producing 311 units of output at the profit-maximizing level. What is the marginal revenue of the 312th unit?

Question

Exhibit 22-6
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-Refer to Exhibit 22-6. A perfectly competitive firm operating in the market depicted in graph (1) is producing 311 units of output at the profit-maximizing level. What is the marginal revenue of the 312th unit?

Quizplus · Accepted Answer

The Answer of Exhibit 22-6
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-Refer to Exhibit 22-6. A perfectly competitive firm operating in the market depicted in graph (1) is producing 311 units of output at the profit-maximizing level. What is the marginal revenue of the 312th unit?

Exhibit 22-6 ​

Exhibit 22-6