Table 13-1 -Refer to Table 13-1.What Portion of the Marginal Revenue of the Marginal

question 45

Multiple Choice

Table 13-1

-Refer to Table 13-1.What portion of the marginal revenue of the 4th unit is due to the output effect and what portion is due to the price effect?

• A)output effect = $24.00; price effect = $19.50
• B)output effect = $6.50; price effect = $2.00
• C)output effect = -$0.50; price effect = $5.00
• D)output effect = $6.00; price effect = -$1.50

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