If the Output of a Firm Is Increased by One

question 85

Multiple Choice

If the output of a firm is increased by one unit, the revenue addition is called

• A)total revenue.
• B)average revenue.
• C)marginal revenue.
• D)economic profit.

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Definitions:

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A handheld device typically made from horsehair or other fibers attached to a handle, used to swat away flies or as a ceremonial symbol.

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Inland Floodplain

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