The figure given below shows the demand curve faced by a firm.Figure 11.1
-Refer to Figure 11.1 and calculate the marginal revenue at the third unit of output.
A) $10
B) $12
C) $4
D) $6
E) $8
Correct Answer:
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Q30: The table given below shows the price
Q31: The following table shows the units of
Q32: The figures given below represent the revenue
Q33: The table given below shows the prices
Q34: The figures given below represent the revenue
Q36: The following table shows the units of
Q37: The table given below shows the price
Q38: The figures given below represent the revenue
Q39: The following table shows the units of
Q40: The table given below shows the prices
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