Computing total revenue and marginal revenue, Microeconomics

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Computing total revenue and marginal revenue

Assignment:

Q1. What would be your response to the statement, “Profit maximization is the only legitimate pricing objective for the firm”?
Q2. How is a downward-sloping demand curve related to total revenue and marginal revenue?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Microeconomics: Computing total revenue and marginal revenue

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