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7 November, 04:07

What portion of the marginal revenue of the 5th unit is due to the output effect and what portion is due to the price effect?

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  1. 7 November, 06:38
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    This question is incomplete of data and also choices but luckily I've found the complete problem that is similar to this one. base on the table 13-1, the 5th unit should have an output effect of $5.5 and a price effect of $2. This would include the data on the table and also the portion of the marginal revenue
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