Use the Table Below to Answer the Following Questions

question 111

Multiple Choice

Use the table below to answer the following questions.
Table 5.2.1
-Table 5.2.1 gives information on marginal cost for the XYZ firm.If XYZ sells the first unit at a price of $6,what is the producer surplus on that unit?

• A)$4
• B)$6
• C)$9
• D)$12
• E)$7

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Definitions:

Geographic Departmentation

Organizing an entity's structures based on geographical locations, facilitating regional management.

World Headquarters

The main office or central hub of an organization from which global operations are directed or managed.

Sales

The process or activity of selling products or services.

Production

The process of creating goods and services through the combination of labor, materials, and technology.