Multiple Choice
Refer to the following figure:
The above graph shows the demand and cost conditions facing a price-setting firm.
-When output is 50 units, what will happen to total revenue if the firm sells another unit of output?
A) Total revenue will increase $13.50.
B) Total revenue will increase $11.00.
C) Total revenue will increase $9.00.
D) Total revenue will increase $6.00.
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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