If a Firm Sells 10 Units of Output at $100

question 333

Multiple Choice

If a firm sells 10 units of output at $100 per unit and 11 units of output when price is reduced to $99, its marginal revenue for the last unit sold is

• A) $11.
• B) $99.
• C) $109.
• D) $89.

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Definitions:

Lamellae

Thin layers or plates of tissue, as in the bones, or in the chloroplasts of plant cells, where they form the grana.

Lacunae

Small cavities in bone or cartilage tissue that house osteocytes or chondrocytes, respectively, essential for tissue health and maintenance.

Canaliculi

Small, channel-like structures in bone tissue that allow for the distribution of nutrients and communication among osteocytes.

Periosteum

The bones are wrapped in a heavy connective tissue layer, filled with blood vessels, except at joint areas.