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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #730468
Introduction to Economics 1 Deneme Sınavı Sorusu #730468
Suppose that a firm's marginal revenue is 246 Turkish liras and its marginal cost is 110 Turkish Liras. Based on the information above, what is this firm's marginal profit?
123 |
126 |
136 |
356 |
446 |
Yanıt Açıklaması:
Marginal profit is the additional profit that a firm earns when
it increases its output by one more unit. The marginal profit is equal to the marginal revenue minus marginal cost.
MP=MR–MC
=246- 110
=136
The correct answer is C.
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