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1.4 Production, costs and revenue

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Question 3

Table 3: Weekly Demand Schedule for Handcrafted Notebooks

PriceNumber of notebooks sold (Quantity)
£258
£239
£2010

Using the data in Table 3, the marginal revenue of the 10th notebook sold is:

−£7-£7−£7

£0

£20

£200

1.4 Production, costs and revenue Questions

  1. A Level
  2. /Economics
  3. /1.4 Production, costs and revenue