Consider the Following Production and Cost Schedule for a Firm

question 29

Multiple Choice

Consider the following production and cost schedule for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
TABLE 13-1
-Refer to Table 13-1.The total revenue of the output produced by 12 units of the factor is

• A)$120.
• B)$520.
• C)$640.
• D)$768.
• E)$1440.

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