Suppose a firm in a competitive market earned $1,000 in total revenue and had a marginal revenue of $10 for the last unit produc
ed and sold. What is the average revenue per unit, and how many units were sold?
1 answer:
Answer:
$5 and 50 units
Step-by-step explanation:
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hopefully it helps.
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0.05 ---> 1/18
square root of 0.25 ------> 0.05
1/7------> 0.142857 repeating
0.6 -------> 2/3
Answer:
L=(4,-2)
Step-by-step explanation:Left = -2 units and down = -4 units, left is x direction and down is y direction. (x,y).
