Quantity Total Revenue 0 80 0 1 76 76 2 72 144 3 68 204 4 64 256 5 60 300 6 56 336 7 52 364 8 48 384 9 44 396 Refer to the table above: What is the Marginal Revenue for the 7th Unit? Select one: O a. 364 O b. 20 O c. 36 Price O d. 28

Quantity Total Revenue 0 80 0 1 76 76 2 72 144 3 68 204 4 64 256 5 60 300 6 56 336 7 52 364 8 48 384 9 44 396 Refer to the table above: What is the Marginal Revenue for the 7th Unit? Select one: O a. 364 O b. 20 O c. 36 Price O d. 28

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Quantity
Total
Revenue
80
0
76
76
72
144
68
204
64
256
60
300
56
336
7
52
364
8
48
384
9
44
396
Refer to the table above: What is the Marginal Revenue for the 7th Unit?
0
1
23456
Select one:
O a. 364
O b. 20
O c. 36
O d. 28
Price

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