Table 15-1 -Refer to Table 15-1

question 106

Multiple Choice

Table 15-1
$$\begin{array} { | l | l | l | l | l | } \hline \text { Qunatity } & \text { Price } & \begin{array} { l } \text { Total } \\\text { revenue }\end{array} & \begin{array} { l } \text { Average } \\\text { revenue }\end{array} & \begin{array} { l } \text { Marginal } \\\text { revenue }\end{array} \\\hline 1 & 47 & 47 & & \\\hline 2 & & 88 & 44 & 41 \\\hline 3 & 41 & & & \\\hline 4 & & & & 29 \\\hline 5 & 35 & & & 23 \\\hline 6 & & 192 & & \\\hline 7 & 29 & & & 11 \\\hline 8 & & & & 5 \\\hline 9 & & 207 & 23 & - 1 \\\hline 10 & 20 & 200 & & \\\hline\end{array}$$
-Refer to Table 15-1.What is the marginal revenue for the monopolist from the sixth unit sold?

• A)19
• B)23
• C)17
• D)32

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Definitions:

Effective Leader

An individual who has the ability to influence and guide others towards the achievement of goals through positive means and inspiring trust.

Sense of Achievement

A feeling of pride and accomplishment that comes from completing a task or reaching a goal.

Coercive Power

The ability of a person to influence someone else's decision making or behavior by using threats, punishment, or some form of pressure.

Hostility, Resentment, and Anger

Intense feelings of opposition, bitterness, and strong displeasure or rage, often resulting from perceived wrongs or frustrations.