Marginal revenue is the change in:
A) total profit brought about by selling one more unit of output.
B) The change in price a firm can charge brought about by selling one more unit of output .
C) total revenue brought about by selling one more unit of output.
D) output brought about by a $1 change in product price.
Correct Answer:
Verified
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Q52: Exhibit 7-5 A firm's MR and MC
Q53: Exhibit 7-4 Marginal cost and revenue
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Q59: Exhibit 7-10 Price and cost data
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