Figure 10.2 -Refer to Figure 10.2.The marginal revenue from selling the additional unit Q_b instead of Q_a equals A)the area (G + H). B)the area (H - E). C)the area (E + F)- (G + H). D)the area G.

Question

Quizplus · Accepted Answer

The marginal revenue from selling the additional unit is equal to the change in total revenue, which is the area between the new and original marginal revenue curves (H_a and H_b) up to the level of output Q. This area is equal to (H - E) in Figure 10.2.

Figure 10.2 -Refer to Figure 10.2.The Marginal Revenue from Selling the Additional