Multiple Choice
Table 14-3
The table represents a demand curve faced by a firm in a competitive market.
-Refer to Table 14-3. For this firm, the marginal revenue of the 15th unit is
A) $1.
B) $2.
C) $7.
D) The marginal revenue cannot be determined without knowing the total revenue when 15 units are sold.
Correct Answer:

Verified
Correct Answer:
Verified
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