Table 14-2 The Table Represents a Demand Curve Faced by a Firm

question 232

Multiple Choice

Table 14-2
The table represents a demand curve faced by a firm in a competitive market.

-Refer to Table 14-2.For a firm operating in a competitive market,the marginal revenue from selling the 3rd unit is

• A) $12.
• B) $4.
• C) $3.
• D) $1.25.

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