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The Table Shown Displays the Total and Marginal Costs for a Single

Question 23

Multiple Choice

The table shown displays the total and marginal costs for a single firm in a perfectly competitive market.
The table shown displays the total and marginal costs for a single firm in a perfectly competitive market. If the price in this market is $16, what is the average revenue when 6 units are produced? A) $96 B) $16 C) $13 D) $6
If the price in this market is $16, what is the average revenue when 6 units are produced?


A) $96
B) $16
C) $13
D) $6

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