Assume That When Price Is $20,quantity Demanded Is 9 Units,and

question 38

Multiple Choice

Assume that when price is $20,quantity demanded is 9 units,and when price is $19,quantity demanded is 10 units.Based on this information,what is the marginal revenue resulting from an increase in output from 9 units to 10 units?

• A)$20
• B)$19
• C)$10
• D)$1

---

Definitions:

Charitable Advertising

Advertising practices aimed at raising awareness and soliciting donations or support for charitable causes and organizations.

Philanthropic Marketing

Involves promotional strategies that aim to improve a company's image by supporting social causes, charities, or community events.

Corporate Philanthropy

Involves companies undertaking initiatives to promote welfare through donations and community involvement.

Ethical Marketing

Marketing practices that adhere to ethical standards and values, prioritizing fairness, honesty, and responsibility towards consumers and society.