Multiple Choice
The above figure shows some a firm's cost curves and its marginal revenue curve.
-The firm in the figure above has a total revenue equal to ________.
A) $5.14 × 7
B) $3.00 × 7
C) ($5.14 - $3.00) × 7
D) ($3.00 - $5.14) × 7
E) None of the above answers are correct because more information is needed.
Correct Answer:
Verified
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