Table 92 $\begin{array}{ll}\text { Price }(\$) & \text { Quantity Demanded } \\\hline 50 & 2 \\40 & 3 \\30 & 4 \\20 & 5 \\10 & 6\end{array}$

question 64

Multiple Choice

Table 9.2
$\begin{array}{ll}\text { Price }(\$) & \text { Quantity Demanded } \\\hline 50 & 2 \\40 & 3 \\30 & 4 \\20 & 5 \\10 & 6\end{array}$
-Refer to Table 9.2.Total revenue from selling 5 units is _____

• A)$20.
• B)$140.
• C)$100.
• D)$10.
• E)$5.

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Definitions:

Minimum Income

The lowest level of income deemed adequate for living at a basic standard.

Incentive to Work

refers to the factors or motivations that encourage individuals to engage in employment or increase their work effort.

On-The-Job Training

A method of learning skills and competencies required for a job through direct performance during work hours.

Negative Income Tax

A welfare system within which individuals earning below a certain amount receive supplemental pay from the government instead of paying taxes.