(Figure: Revenue Schedule) Demand and Marginal Schedule
In the figure, the marginal revenue for the fifth unit is 0. What is the total revenue from 5 units?
$\begin{array}{|l|l|l|}
\hline \text { Price } & \text { Quantity } & \begin{array}{l}
\text { Total } \
\text { Revenue }
\end{array} \
\hline \$ 9 & 0 & 0 \
\hline 8 & 1 & \$ 8 \
\hline 7 & 2 & 14 \
\hline 6 & 3 & 18 \
\hline 5 & 4 & 20 \
\hline
\end{array}$
A) $0
B) $4
C) $20
D) $22

Question

(Figure: Revenue Schedule) Demand and Marginal Schedule
In the figure, the marginal revenue for the fifth unit is 0. What is the total revenue from 5 units?
 $\begin{array}{|l|l|l|}
\hline \text { Price } & \text { Quantity } & \begin{array}{l}
\text { Total } \
\text { Revenue }
\end{array} \
\hline \$ 9 & 0 & 0 \
\hline 8 & 1 & \$ 8 \
\hline 7 & 2 & 14 \
\hline 6 & 3 & 18 \
\hline 5 & 4 & 20 \
\hline
\end{array}$
A) $0
B) $4
C) $20
D) $22

Quizplus · Accepted Answer

The total revenue from 5 units is $20, as indicated in the table for 4 units, and since the marginal revenue for the fifth unit is 0, the total revenue remains unchanged at $20.

(Figure: Revenue Schedule) Demand and Marginal Schedule in the Figure

(Figure: Revenue Schedule) Demand and Marginal Schedule
in the Figure