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Table 14-3 -Refer to Table 14-3.At a Production Level of 3 Units,what

Question 56

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Table 14-3
 
-Refer to Table 14-3.At a production level of 3 units,what do we know about the marginal revenue or the total revenue

Table 14-3
Table 14-3    -Refer to Table 14-3.At a production level of 3 units,what do we know about the marginal revenue or the total revenue A) Marginal revenue is $6. B) Total revenue is greater than total variable cost. C) Total revenue is less than total cost. D) Marginal revenue is less than marginal cost.
-Refer to Table 14-3.At a production level of 3 units,what do we know about the marginal revenue or the total revenue


A) Marginal revenue is $6.
B) Total revenue is greater than total variable cost.
C) Total revenue is less than total cost.
D) Marginal revenue is less than marginal cost.

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