-In the Above Table, If the Quantity Sold by the Firm

question 452

Multiple Choice

-In the above table, if the quantity sold by the firm rises from 5 to 6, its marginal revenue is

• A) $15.
• B) $30.
• C) $75.
• D) $90.

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Definitions:

Socioeconomic Classes

Categories of individuals based on their economic status, often determined by factors such as income, wealth, education, and occupation.

Identical Twins

Twins who develop from a single fertilized egg that splits, resulting in two individuals with identical genetic make-up.

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm, genetically similar as siblings but not identical.

Prenatal Influences

Factors occurring before birth that can affect the development, health, and behavior of the individual, including genetic and environmental influences.