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Question
What is marginal revenue? Based on the provided schedule from the Chesapeake Bay Swing Company, at which quantity should Chesapeake Bay stop producing additional swings?Quantity Marginal Revenue Marginal Cost Total Profit
1 $260 $160 $200
2 110 140 270
3 190 120 340
4 170 140 370
5 160 160 370
6 150 180 340
7 120 220 240
Answer
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