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-The Table Above Gives the Total Revenue and Total Cost

Question 136

Multiple Choice

-The table above gives the total revenue and total cost for a perfectly competitive firm producing chocolate chip cookies. If the firm increases its output from 2 pounds of cookies to 3 pounds, the marginal revenue is ________ per pound of cookies. A) $11 B) $15 C) $30 D) $45
-The table above gives the total revenue and total cost for a perfectly competitive firm producing chocolate chip cookies. If the firm increases its output from 2 pounds of cookies to 3 pounds, the marginal revenue is ________ per pound of cookies.


A) $11
B) $15
C) $30
D) $45

Correct Answer:

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