If the Quantity Demanded for a Hand-Carved Pineapple Is Two

question 151

Multiple Choice

If the quantity demanded for a hand-carved pineapple is two at a price of $16, and the quantity demanded will increase to three if the seller lowers the price to $14, what is the seller's marginal revenue from selling 3 units of pineapple?

• A) $8
• B) $24
• C) $10
• D) $14

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Definitions:

Mature RNA Transcript

The final form of RNA after processing, which includes splicing and modifications, ready for translation into a protein.

Primary RNA Transcript

The initial RNA copy made from a DNA template during transcription before any modifications occur.

Exons

Segments of a DNA or RNA molecule containing information coding for a protein or peptide sequence.

Introns

Non-coding sections of DNA within a gene that are removed during RNA splicing, not directly involved in coding for proteins.