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Retnec Retnec
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7 years ago
Suppose a price searcher was selling 20 units of output at a price of $10.00 per unit. If price must be lowered to $9.60 in order to sell 21 units, the marginal revenue from the 21st unit would be
A) $9.50.
B) $1.60.
C) $6.40.
D) $3.20.
E) $0.40.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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Retnec Author
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#2
7 years ago
My exam's next week!

Perfect timing
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