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find marginal revenue

How do you figure marginal revenue for units of different production levels? What is the formula?
ex.
1 unit = $1
2 units = $2
3 units = $4
total fixed cost is $1

How do you set up to find marginal revenue for each unit set?

Solution Preview

First, the fixed cost does not play any role in determining the marginal revenues, because they do not ...

Solution Summary

This posting finds marginal revenue.

$2.19