A firm in a competitive market receives $500 in total revenue and has marginal revenue
Chapter 14, Problem Problems and Applications 14.7(choose chapter or problem)
A firm in a competitive market receives $500 in total revenue and has marginal revenue of $10. What is the average revenue, and how many units were sold?
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer