Refer to the following figure.When quantity demanded is 2,000,what is marginal revenue?
A)$12
B)$15
C)0
D)$10
E)-$10

Question

Refer to the following figure.When quantity demanded is 2,000,what is marginal revenue? 
A)$12 
B)$15 
C)0 
D)$10 
E)-$10

Quizplus · Accepted Answer

Marginal revenue can be calculated by finding the change in total revenue caused by a one-unit change in quantity demanded. In this case, when quantity demanded is 2,000, the marginal revenue is 0 because the total revenue remains constant at $20,000 between quantity demanded of 1,900 and 2,100. Therefore, option C is the correct choice.

Refer to the Following Figure