$$\begin{array} { c c } \text { Output } & \text { Price } \\\hline 1 & \$ 30 \\2 & \$ 27 \\3 & \$ 24 \\4 & \$ 21 \\5 & \$ 18\end{array}$$

question 122

Multiple Choice

$$\begin{array} { c c } \text { Output } & \text { Price } \\\hline 1 & \$ 30 \\2 & \$ 27 \\3 & \$ 24 \\4 & \$ 21 \\5 & \$ 18\end{array}$$
-The marginal revenue that would be derived from producing a fourth unit of output is

• A)$30
• B)$24
• C)$21
• D)$18
• E)$12

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Definitions:

Thinking Process

A cognitive operation involving reasoning, problem-solving, and decision-making, where an individual engages in mental activities to analyze information and come to conclusions.

Digital Divide

The gap between individuals who have access to modern information and communication technology and those who do not.

Technical Class

A segment of the workforce with specialized technical skills and knowledge, often associated with fields such as engineering, information technology, and applied sciences.

Digital Underclass

A segment of society with limited or no access to digital technology and the internet, resulting in disadvantages in education, communication, and employment opportunities.