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Table 13-1 -Refer to Table 13-1.What Portion of the Marginal Revenue of the Marginal

Question 24

Multiple Choice
Table 13-1
 
-Refer to Table 13-1.What portion of the marginal revenue of the 5th unit is due to the output effect and what portion is due to the price effect?
A)output effect = $3.00; price effect = $0.50 
B)output effect = $1.50; price effect = $2.00 
C)output effect = $5.50; price effect = -$2.00 
D)output effect = $4.00; price effect = -$0.50

Table 13-1
Table 13-1    -Refer to Table 13-1.What portion of the marginal revenue of the 5th unit is due to the output effect and what portion is due to the price effect? A) output effect = $3.00; price effect = $0.50 B) output effect = $1.50; price effect = $2.00 C) output effect = $5.50; price effect = -$2.00 D) output effect = $4.00; price effect = -$0.50
-Refer to Table 13-1.What portion of the marginal revenue of the 5th unit is due to the output effect and what portion is due to the price effect?


A) output effect = $3.00; price effect = $0.50
B) output effect = $1.50; price effect = $2.00
C) output effect = $5.50; price effect = -$2.00
D) output effect = $4.00; price effect = -$0.50

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