Multiple Choice
Firestone notices that when the number of tires it sells increases from 1,000,000 to 1,000,001, total revenue rises $35. The $35 represents the firm's
A) average revenue.
B) marginal revenue.
C) price elasticity.
D) average variable revenue.
E) average total cost.
Correct Answer:
Verified
Correct Answer:
Verified
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