The marginal cost and total revenue of a firm are $5 and $275,respectively.The reservation value of the seller in this case is ________.

Name: The marginal cost and total revenue of a firm are $5 and $275,respectively.The reservation value of the seller in this case is ________.
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The reservation value of the seller is the minimum price at which they are willing to sell a product, which is typically equal to the marginal cost. In this case, the marginal cost is $5.

The Marginal Cost and Total Revenue of a Firm Are