Table 9-1

-Refer to Table 9-1.What portion of the marginal revenue of the 4th unit is due to the output effect and what portion is due to the price effect?
A) Output effect = $24.00; price effect = $19.50
B) Output effect = $6.50; price effect = $2.00
C) Output effect = -$0.50; price effect = $5.00
D) Output effect = $6.00; price effect = -$1.50
Correct Answer:
Verified
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