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Marginal Revenue Is

Question 108

Multiple Choice

Marginal revenue is


A) the change in total quantity that results from a one-unit increase in the price of the good.
B) the change in total revenue that results from a one-unit increase in the quantity sold.
C) economic profit divided by the quantity sold.
D) the change in economic profit that results from a one-unit increase in the quantity sold.
E) total revenue minus total cost.

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