Answer the question on the basis of the accompanying demand schedule. $\begin{array} { | c | c| }
\hline \text { Price } & \text {Quantity Demanded } \
\hline \$ 7 & 1 \
\hline 6 & 2 \
\hline 5 & 3 \
\hline 4 & 4 \
\hline 3 & 5 \
\hline
\end{array}$ The marginal revenue obtained from selling the third unit of output is
A) $6.
B) $1.
C) $3.
D) $5.

Question

Answer the question on the basis of the accompanying demand schedule. $\begin{array} { | c | c| } 
\hline \text { Price } & \text {Quantity Demanded } \
\hline \$ 7 & 1 \
\hline 6 & 2 \
\hline 5 & 3 \
\hline 4 & 4 \
\hline 3 & 5 \
\hline
\end{array}$ The marginal revenue obtained from selling the third unit of output is
A) $6.
B) $1.
C) $3.
D) $5.

Quizplus · Accepted Answer

The Answer is C

Answer the Question on the Basis of the Accompanying Demand