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Total Revenue for Producing Eight Units of Output Is $48

Question 39

Multiple Choice

Total revenue for producing eight units of output is $48.Total revenue for producing nine units of output is $63.Given this information,the:


A) average revenue for producing nine units is $1.
B) average revenue for producing nine units is $15.
C) marginal revenue for producing the ninth unit is $1.
D) marginal revenue for producing the ninth unit is $15.

Correct Answer:

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