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Economics

Allied Box offers mail-order storage containers for fine china producers. The company is the low-cost provider of these boxes with fixed cost of $480,000 per year, plus variable cost of $30.00 for each box. Annual demand and marginal revenue functions for the company are:

P = $70 - $0.0005Q

MR = dTR/dQ = $70 - $0.001Q

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M965879

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