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

question 119

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.Marginal revenue from the third unit of output is _____

• A)$20.
• B)$120.
• C)$100.
• D)$40.
• E)$0.

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Definitions:

University

An institution of higher education and research, which awards academic degrees in various fields.

Unsought Products

Products that consumers do not typically think about buying or are unaware of until a specific need arises.

Convenience

The ease and speed with which a product or service can be purchased or used by a consumer.

Shopping Products

Goods that consumers purchase after comparing quality, price, and style across different sellers, involving more thoughtful decision-making.