Solved

Which of the Following Best Describes the Marginal Revenue from an Additional

Question 15

Multiple Choice

Which of the following best describes the marginal revenue from an additional salesperson at a car dealership?


A) The additional profits the firm earns because of that employee.
B) The number of additional cars the firm sells because of that employee.
C) The increase in revenue to the dealership because of that employee.
D) The increase in wages, benefits, and other costs incurred by the dealership because of hiring that additional person.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents