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Use the Figure Below, Which Shows a Linear Demand Curve

Question 2

Multiple Choice

Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the questions.

Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the questions. -The marginal revenue of the 100<sup>th</sup> unit is $_____. A) 0 B) 20 C) 40 D) 50 E) cannot tell from the information provided
-The marginal revenue of the 100th unit is $_____.


A) 0
B) 20
C) 40
D) 50
E) cannot tell from the information provided

Correct Answer:

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