Table 14-2 The Price of Each Butterfly That David Butterfly, a Butterfly

question 38

Multiple Choice

Table 14-2
The price of each butterfly that David Butterfly, a butterfly farmer in Greytown, sells is:

-Refer to Table 14-2.If the firm doubles its output from three to six units, total revenue will:

• A)increase by less than $45
• B)increase by more than $45
• C)increase by exactly $45
• D)this cannot be determined without data on the farmer's costs

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