Multiple Choice
Use the following to answer question:
-(Table: Demand and Total Cost) Use Table: Demand and Total Cost.Lenoia runs a natural monopoly firm producing electricity for a small mountain village.The table shows Lenoia's demand and total cost of producing electricity.The marginal revenue of the fourth unit of production is:
A) $200.
B) $250.
C) $450.
D) $500.
Correct Answer:

Verified
Correct Answer:
Verified
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