Pls help with below homework. Consider the graph af a firm in a perfectly competitive market to anawer the question below.MCATC7MR10What is the value of this firm's revenue if it operates where MR-MC? Enter your answer as a number beiow. Do nat include a "S" sign.

The profit maximizing level of output for perfect competitive market is where MR = MC

Answered: What is the value of this firm's…

What is the value of this firm's revenue ifit operates where MR-MC? Enter your answer as a number below. Do not include a "S" sign.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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