Figure 13-2 -Refer to Figure 13-2.The marginal revenue from selling the additional unit Q_b instead of Q_a equals A)the area (G + H). B)the area (H - E). C)the area (E + F)- (G + H). D)the area G.

Question

Quizplus · Accepted Answer

The marginal revenue is equal to the change in total revenue from selling one additional unit. In this case, the marginal revenue is equal to the difference in the total revenue between points B1a and B1b. This difference is given by the area (H - E) on the graph. Therefore, the answer is B.

Figure 13-2 -Refer to Figure 13-2.The Marginal Revenue from Selling the Additional