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insherro insherro
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Posts: 671
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7 years ago
Assume that when price is $20, quantity demanded is 9 units, and when price is $19, quantity demanded is 10 units. Based on this information, what is the marginal revenue resulting from an increase in output from 9 units to 10 units?
A) $20
B) $19
C) $10
D) $1
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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1 Reply
University of Ottawa - Economics for Managers
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Answer verified by a subject expert
sofreshsofresh
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Posts: 466
7 years ago
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1
Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

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insherro Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thanks for your help!!
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2 hours ago
You make an excellent tutor!
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