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chapter 11 - Flashcards

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Class:ECON 201 - Principles of Microeconomics
Subject:Economics
University:University of North Dakota
Term:Spring 2011
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supply schedule of quantities of goods that will be offered to the market at various prices
marginal revenue (MR) The change in total revenue associated with a change in quantity
Marginal Cost (MC) the change in total cost associated with a change in quantity
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 supplyschedule of quantities of goods that will be offered to the market at various prices
 marginal revenue (MR)The change in total revenue associated with a change in quantity
 Marginal Cost (MC)the change in total cost associated with a change in quantity
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