$0Given the Information in the Table Below, the Average Revenue

question 46

Multiple Choice

$0.Given the information in the table below, the average revenue earned by the firm from four units of output is:​ ​

• A)$12.
• B)$3.
• C)$4.
• D)−$4.
• E)$0.

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Definitions:

Competition Bureau

A government agency responsible for enforcing antitrust or competition laws to prevent monopolistic practices and maintain fair competition in the market.

Sale of Goods Act

Legislation that governs the sale of goods, defining obligations, rights, and warranties between buyers and sellers.

Fit for Purpose

The standard that ensures a product or service meets its intended use and satisfies customer requirements.

Breach of Contract

The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.