Total Revenue for Producing Eight Units of Output Is $48

question 137

Multiple Choice

Total revenue for producing eight units of output is $48.Total revenue for producing nine units of output is $63.Given this information,the:

• A) average revenue for producing nine units is $1.
• B) average revenue for producing nine units is $15.
• C) marginal revenue for producing the ninth unit is $1.
• D) marginal revenue for producing the ninth unit is $15.

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