The table below shows the total revenue schedule of a firm. Use the information to answer the question that follows
Output (units) | 50 | 60 | 70 | 80 | 90 |
Total revenue (TR) $ | 85 | 102 | 119 | 136 | 153 |
What is the unit price of the firm's output
The table below shows the total revenue schedule of a firm. Use the information to answer the question that follows
Output (units) | 50 | 60 | 70 | 80 | 90 |
Total revenue (TR) $ | 85 | 102 | 119 | 136 | 153 |
What is the firm's marginal revenue?
Organization and entrepreneurship are vested in diferrent persons in a
The public sector in a mixed economy is not always because of
Which function of the wholesaler enables him to stabilize prices?