
Arturo runs a Robin's Donuts franchise.He is selling 250 iced cappuccinos per week at a price of $2.75.If he lowers the price to $2.70, he will sell 251 iced cappuccinos.What is the marginal revenue of the 251st iced cappuccino? If selling the extra iced cappuccino adds $0.20 to Arturo's costs, what will be the effect on his profit from selling 251 iced cappuccinos instead of 250?
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