EXHJBIT A Units of factor X Quantity of Output Product Price Mar ' Revenue Product 0 10 $10 -- 1 19 10 A 2 27 10 B 3 34 10 C 4 40 10 D 4. In exhibit A, the dollar amount that go in blanks A-D are, respectively: a. $85, $70, $40, $30 b. $10, $20, $30, $40 c. $90, $80, $70, $60 d. $70, $80, $40, $30 5. In exhibit A, the data show that: a. MR > P, thus we are dealing with a product price taker b. MR = P, thus we are dealing with a product price searcher c. MR = P, thus we are dealing with a product price taker d. none of the above
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How to calculate the MR? And is solution to #5 correct?
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