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Use the following to answer questions: Use the following to answer questions:   -(Table: Demand and Total Cost)  Look at the table Demand and Total Cost. Lenoia runs a natural monopoly producing electricity for a small mountain village. The table shows Lenoia's demand and total cost of producing electricity. The marginal revenue of the fourth unit of production is: A)  $200. B)  $250. C)  $450. D)  $500.
-(Table: Demand and Total Cost) Look at the table Demand and Total Cost. Lenoia runs a natural monopoly producing electricity for a small mountain village. The table shows Lenoia's demand and total cost of producing electricity. The marginal revenue of the fourth unit of production is:


A) $200.
B) $250.
C) $450.
D) $500.

Correct Answer:

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