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This Table Shows the Total Costs for Various Levels of Output

Question 55

Multiple Choice

This table shows the total costs for various levels of output for a firm operating in a perfectly competitive market. This table shows the total costs for various levels of output for a firm operating in a perfectly competitive market. According to the table shown,what is the firm's marginal revenue from the 3<sup>rd</sup> unit produced? A) $50 B) $90 C) $150 D) $60
According to the table shown,what is the firm's marginal revenue from the 3rd unit produced?


A) $50
B) $90
C) $150
D) $60

Correct Answer:

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