Use the demand curve below to answer questions 7 through 10. Price 0.9 0.8- 0.7- 0.6 0.5 0.4 0.3 0.2- 0.1- 0 0 1000 2000 3000 4000 5000 6000 7000 8000 Quantity What's the marginal value at a quantity of 4,000? Answer here

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Use the demand curve below to answer questions 7 through 10.
Price
1
0.9
0.8
0.7
0.6-
0.5-
04-
0.3-
0.2
0.1
0-
0 1000 2000 3000 4000 5000 6000 7000 8000
Quantity
What's the marginal value at a quantity of 4,000?
Answer here
Transcribed Image Text:Use the demand curve below to answer questions 7 through 10. Price 1 0.9 0.8 0.7 0.6- 0.5- 04- 0.3- 0.2 0.1 0- 0 1000 2000 3000 4000 5000 6000 7000 8000 Quantity What's the marginal value at a quantity of 4,000? Answer here
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