Price 370 550 5.10 $10 Demand 10 20 30 40 50 60 70 Quantity If this firm were to sell 20 units of output, its marginal revenue would be O $40 O $600 O $30 O $1,000

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Price
$70
5.50
530
$10
Demand
10 20 30 40 50 60 70 Quantity
If this firm were to sell 20 units of output, its marginal revenue would be
O $40
O $600
O $30.
O $1,000
Transcribed Image Text:Price $70 5.50 530 $10 Demand 10 20 30 40 50 60 70 Quantity If this firm were to sell 20 units of output, its marginal revenue would be O $40 O $600 O $30. O $1,000
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