The Table Given Below Reports the Marginal Revenue and Marginal

question 79

Multiple Choice

The table given below reports the marginal revenue and marginal cost of Holmes Detective Agency for each client.Table 9.2

-Assume that a firm's marginal revenue curve intersects the rising portion of its marginal cost curve at 500 units of output. At this output level, a profit-maximizing firm's total cost of production is $1,000. If the price of the product is $5 per unit, the total revenue earned by the firm will be:

• A)$1,500.
• B)$250.
• C)$500.
• D)$2,500.
• E)$1,000.

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Definitions:

Abdominal Distention

An abnormal enlargement of the abdominal area, often due to gas, fluid, or enlargement of organs.

Complex Partial

Refers to a type of seizure that affects a limited area of the brain, causing impaired consciousness and often resulting in complex, involuntary movements.

Simple Partial

A type of seizure affecting a specific area of the brain, leading to muscle twitches, sensory changes, or psychological disturbances without loss of consciousness.

Absence

The lack or nonexistence of something or someone in a particular place.