To Answer the Question,refer to the Following Table Showing a Demand

question 16

Multiple Choice

To answer the question,refer to the following table showing a demand schedule: $\begin{array}{llcc}\underline{ \text {Price } }&\underline{ \text { Ouantity } } \\ &\underline{\text {demanded }} \\\$200 &1000\\150&1400\\100 &1800\\\end{array}$
As output increases from 1,000 to 1,400 what is marginal revenue?

• A)$25
• B)$50
• C)-$400
• D)-$25
• E)-$75

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Definitions:

Reserve Army

In Marxist theory, refers to the pool of unemployed or underemployed laborers in capitalist societies, which can be used to depress wages or fill labor demands during economic peaks.

Charismatic Leadership

A leadership style based on the leader's personal charm and appeal, often inspiring devotion and enthusiasm among followers.

Relative Deprivation Theory

A sociological theory that posits individuals or groups feel deprived relative to other similar individuals or groups, leading to social discontent.

Strain Theory

A sociological theory that explains deviance and crime as a result of the disconnect between societal goals and the means available to achieve those goals.