If Revenues from Selling Quantities X and Y of Jointly

question 9

Multiple Choice

If revenues from selling quantities x and y of jointly produced goods X and Y were TR_X = 300 - xy + 50x and TR_Y = 1,000 - xy + 2y,and 10 units of y were produced,then marginal revenue with respect to X would be:

• A) $10.
• B) $20.
• C) $30.
• D) $40.
• E) $50.

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Definitions:

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