Figure 10.3
-Refer to Figure 10.3.The marginal revenue of the sixth unit of output is
A)$4
B)$5
C)$9
D)$54

Name: Figure 10.3 -Refer to Figure 10.3.The marginal revenue of the sixth unit of output is A)$4 B)$5 C)$9 D)$54
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Question

Figure 10.3 
-Refer to Figure 10.3.The marginal revenue of the sixth unit of output is
A)$4 
B)$5 
C)$9 
D)$54

Quizplus · Accepted Answer

The marginal revenue is the additional revenue from selling one more unit. If the sixth unit's marginal revenue is $4, it means selling the sixth unit increases total revenue by $4.

Figure 10.3 -Refer to Figure 10.3.The Marginal Revenue of the Sixth Unit