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Table 14-5 The Table Represents a Demand Curve Faced by a Firm

Question 496

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Table 14-5
The table represents a demand curve faced by a firm in a competitive market. Table 14-5 The table represents a demand curve faced by a firm in a competitive market. -Refer to Table 14-5. For this firm, the marginal revenue of the 12th unit is A) $9. B) $10. C) $11 D) The marginal revenue cannot be determined without knowing the total revenue when 11 units are sold.
-Refer to Table 14-5. For this firm, the marginal revenue of the 12th unit is


A) $9.
B) $10.
C) $11
D) The marginal revenue cannot be determined without knowing the total revenue when 11 units are sold.

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