For Any Firm Operating in Any Market Structure,marginal Revenue Is

question 46

Multiple Choice

For any firm operating in any market structure,marginal revenue is defined as

• A)the change in total revenue resulting from the sale of an additional unit of the product.
• B)the change in price resulting from the sale of an additional unit of the product.
• C)price times quantity of the product sold.
• D)total revenue divided by the number of units sold.
• E)the total amount received by the seller from the sale of a product.

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