Solved

A Farmers' Market Sells a Bag of Apples at a Fixed

Question 107

Multiple Choice

A farmers' market sells a bag of apples at a fixed price of $3.60. Which of the following is a term used by economists to describe the money received from the sale of an additional bag of apples?


A) Pure profit.
B) Gross earnings.
C) Marginal revenue.
D) Marginal costs.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions