(Figure: Revenue Schedule) Demand and Marginal Schedule
in the Figure

question 44

Multiple Choice

(Figure: Revenue Schedule) Demand and Marginal Schedule
In the figure, what is the marginal revenue for the second unit?
$\begin{array}{|l|l|l|}\hline \text { Price } & \text { Quantity } & \begin{array}{l}\text { Total } \\\text { Revenue }\end{array} \\\hline \$ 9 & 0 & 0 \\\hline 8 & 1 & \$ 8 \\\hline 7 & 2 & 14 \\\hline 6 & 3 & 18 \\\hline 5 & 4 & 20 \\\hline\end{array}$

• A) zero
• B) $4
• C) $6
• D) $8

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Definitions:

Consequential Damages

Refer to indirect losses that one party causes another as a result of failing to fulfill a duty or breach of contract, which were foreseeable at the time the contract was made.

Personal Injury

Physical or emotional harm suffered by an individual, often leading to legal action for damages.

Breach

The violation or breaking of a law, duty, or other form of agreement.

Goods Not Yet Delivered

Refers to items that have been sold or ordered but have not been physically moved or handed over to the buyer or recipient.