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For a Given Seller, the Figure Below Shows the Relationship

Question 5

Multiple Choice

For a given seller, the figure below shows the relationship between the number of units produced and the opportunity cost of producing an additional unit of output. What is this seller's reservation price for the 250th unit? For a given seller, the figure below shows the relationship between the number of units produced and the opportunity cost of producing an additional unit of output. What is this seller's reservation price for the 250<sup>th</sup> unit? A) $2 B) $4 C) $8 D) $14


A) $2
B) $4
C) $8
D) $14

Correct Answer:

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