Refer to the Following

question 7

Multiple Choice

Refer to the following:

The graph on the left shows the short-run marginal cost curve for a typical firm selling in a perfectly competitive industry. The graph on the right shows current industry demand and supply.
-What is the marginal revenue for the FIRM from selling the 250th unit of output?

• A) $10
• B) $8
• C) $6
• D) $4
• E) zero