If Total Revenue Falls When Output Increases,marginal Revenue Is

question 139

Multiple Choice

If total revenue falls when output increases,marginal revenue is

• A) positive.
• B) negative.
• C) zero.
• D) greater than total revenue.
• E) elastic.

---

Definitions:

Country-of-Origin Effects

The influence that the country where a product is produced has on consumers' perceptions and attitudes towards the product.

Decision-Making Heuristic

Cognitive shortcuts or rules of thumb that simplify decision-making processes, often used under conditions of uncertainty.

Consumer Decision-Making

The process by which consumers identify their needs, gather information, evaluate alternatives, and make purchases.

Country of Origin

The country where a product has been manufactured or produced, often influencing consumer perceptions and purchasing decisions.