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The Above Graph Shows the Demand and Cost Conditions Facing

Question 98

Multiple Choice

  The above graph shows the demand and cost conditions facing a price-setting firm.When output is 50 units,what will happen to total revenue if the firm sells another unit of output? A) Total revenue will increase $13.50. B) Total revenue will increase $11.00. C) Total revenue will increase $9.00. D) Total revenue will increase $6.00. E) none of the above The above graph shows the demand and cost conditions facing a price-setting firm.When output is 50 units,what will happen to total revenue if the firm sells another unit of output?


A) Total revenue will increase $13.50.
B) Total revenue will increase $11.00.
C) Total revenue will increase $9.00.
D) Total revenue will increase $6.00.
E) none of the above

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