From the given table calculate TR, MR and AR and highlight the relationship between total revenue (TR) and marginal revenue (MR)
Quantity Price
50 200
60 150
70 100
80 50
90 10
Quantity Price TR MR
50 200 10,000 -
60 150 9, 000 (100)
70 100 7, 000 (200)
80 50 4.000 (300)
90 10 900 (310)
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