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  3. Study Set
    Economics Global Environment Study Set 1
  4. Exam
    Exam 12: Perfect Competition
  5. Question
    Use the Table Below to Answer the Following Questions
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Use the Table Below to Answer the Following Questions

Question 2

Question 2

Multiple Choice

Use the table below to answer the following questions.
Table 12.1.1
Use the table below to answer the following questions. Table 12.1.1    -Refer to Table 12.1.1 which gives the demand schedule for a perfectly competitive firm. If the quantity sold by the firm rises from 5 to 6, marginal revenue is A) $15. B) $30. C) $75. D) $90. E) $105.
-Refer to Table 12.1.1 which gives the demand schedule for a perfectly competitive firm. If the quantity sold by the firm rises from 5 to 6, marginal revenue is


A) $15.
B) $30.
C) $75.
D) $90.
E) $105.

Correct Answer:

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