The Following Table Shows the Units of the Output Sold

question 21

Multiple Choice

The following table shows the units of the output sold at different price levels by Gizmo's Inc. Table 24.1
According to Table 24.1, at what level of output is marginal revenue equal to $14?

• A)1
• B)2
• C)3
• D)4

Understand the concepts of income yield, capital gain yield, and total return in bond investments.

Calculate the income yield on bond investments.

Calculate the capital gain yield on bond investments.

Calculate the total rate of return on bond investments.

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