-Refer to Table 7

question 54

Multiple Choice

$$\begin{array}{l}\begin{array} { c c } \hline \text { Price } & \text { Quantity } \\\hline 9 & 1 \\8 & 2 \\7 & 3 \\6 & 4 \\5 & 5 \\4 & 6 \\3 & 7 \\2 & 8 \\1 & 9 \\\hline\end{array}\\\text { Table } 7.1\end{array}$$
-Refer to Table 7.1, which shows the relationship between the price that Gladys charges for a product and the quantity of that product that Gladys sells. The marginal revenue that Gladys receives from selling the fifth unit of output is:

• A)$5, because that is the price per unit of output that Gladys receives.
• B)$5, because that is the quantity that Gladys sells.
• C)$25, because Gladys sells five unit of output at a price of $5.
• D)$1, because Gladys earns $1 more in revenues by increasing her output to five units from four units.

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