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Marginal revenue equals

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In your city, there are currently three firms providing oil changes. For each firm, there is a fixed cost of $100 per day and a marginal cost of $12 per oil change. Each firm currently maximizes its profit by providing 15 oil changes per day. a. For each firm, marginal revenue equals $ . (Enter your response rounded to the nearest dollar.)

Reference no: EM131165317

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