Consider the information in the table. $$\begin{array} { | c | c | }
\hline \text { Quantity } & \text { Price } \
\hline 1 & \$ 20 \
\hline 2 & 16 \
\hline 3 & 12 \
\hline 4 & 8 \
\hline 5 & 4 \
\hline
\end{array}$$ The marginal revenue for the fourth unit of output is
A)$12
B)$8
C)-$4
D)-$8

Question

Consider the information in the table. $$\begin{array} { | c | c | } 
\hline \text { Quantity } & \text { Price } \
\hline 1 & \$ 20 \
\hline 2 & 16 \
\hline 3 & 12 \
\hline 4 & 8 \
\hline 5 & 4 \
\hline
\end{array}$$ The marginal revenue for the fourth unit of output is
A)$12
B)$8
C)-$4
D)-$8

Quizplus · Accepted Answer

The Answer of Consider the information in the table. $$\begin{array} { | c | c | } 
\hline \text { Quantity } & \text { Price } \
\hline 1 & \$ 20 \
\hline 2 & 16 \
\hline 3 & 12 \
\hline 4 & 8 \
\hline 5 & 4 \
\hline
\end{array}$$ The marginal revenue for the fourth unit of output is
A)$12
B)$8
C)-$4
D)-$8

Consider the Information in the Table The Marginal Revenue for the Fourth Unit of Output Is