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Refer to the Above Table

Question 21

Multiple Choice

  Refer to the above table.The marginal revenue from the third unit of output is: A)  $40. B)  $50. C)  $120. D)  $160. The change in total revenue is $40,which,when divided by a one-unit increase in output,gives marginal revenue of $40. Refer to the above table.The marginal revenue from the third unit of output is:


A) $40.
B) $50.
C) $120.
D) $160.
The change in total revenue is $40,which,when divided by a one-unit increase in output,gives marginal revenue of $40.

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