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Free_Kalibri [48]
3 years ago
11

Dimitri has several apple trees in his yard, and apples are a perfectly competitive market with a price of $2 per pound. if dimi

tri sells apples at the farmer's market, what is his total revenue and marginal revenue when he sells the 100th pound of apples?
Business
1 answer:
Alinara [238K]3 years ago
4 0
The total revenue and the marginal revenue when he sells the 100th pound of apples is 
total revenue is $200 (100 * 2) and marginal revenue is $2 (the price of the apple per pound in the market)

So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.
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QUESTION 5 of 10: Since you rely on your parent/guardian for your food, shelter, and clothing, you are considered:
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Answer:

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Explanation:

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4 0
2 years ago
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Answer:

15.64%

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7 0
3 years ago
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AURORKA [14]

Answer:

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Explanation:

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In this case, what makes the Ford Mustang and the Audi R8 is the price. The Ford brand is significantly cheaper than the Audi brand, which might give Ford the upper hand in market share. However, this is not always the case because the Audi car could have the upper hand when it comes to quality, and obtain more marke share because of that.

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wariber [46]

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