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The Table Given Below Shows the Price of Each Unit

Question 85

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The table given below shows the price of each unit of the product manufactured by a firm and the marginal cost of producing different units of the output.Table: 10.1
The table given below shows the price of each unit of the product manufactured by a firm and the marginal cost of producing different units of the output.Table: 10.1    -According to the information in Table 10.1, the marginal revenue of the firm: A) is equal to the marginal cost at each level of output. B) is equal to price times output. C) is equal to price times marginal cost. D) is equal to $1 at all levels of the output. E) decreases with an increase in output.
-According to the information in Table 10.1, the marginal revenue of the firm:


A) is equal to the marginal cost at each level of output.
B) is equal to price times output.
C) is equal to price times marginal cost.
D) is equal to $1 at all levels of the output.
E) decreases with an increase in output.

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