The Following Graph Shows the Demands and Marginal Revenue in Two

question 16

Multiple Choice

The following graph shows the demands and marginal revenue in two markets,1 and 2,for a price discriminating firm along with total marginal revenue,MR_T,and marginal cost. What total output should the firm produce?

• A)275 units
• B)225 units
• C)175 units
• D)350 units
• E)100 units

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Definitions:

Work Station 1

Refers to a specific area or desk within a workplace where a single employee or a number of employees perform their tasks.

Work Station 2

A specific setup or area equipped with necessary tools and technology for performing professional or creative tasks effectively.

Processing Time

The amount of time required to complete a particular process, often referring to computations or transactions in computer systems.

Queue Capacity

It refers to the maximum number of items or entities that can be held in a queue system at any given time.