Marginal revenue suppose the graph shows a manufacturers, Ask an Expert

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Marginal revenue suppose the graph shows a manufacturer's total revenue, in thousands of dollars, from the sale of x cellular telephones to dealers.

(a) Is the marginal revenue greater at 300 cell phones or at 700? Explain.

(b) Use part (a) to decide whether the sale of the 301st cell phone or the 701st brings in more revenue. Explain.

1606_shows a manufacturer total revenue.png

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Computer Engineering, Engineering

Category:- Computer Engineering
Reference No.:- M92597964

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