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Use the Figure Below, Which Shows a Linear Demand Curve

Question 17

Multiple Choice

Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the questions.

Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the  questions.     -The marginal revenue of the 100<sup>th</sup> unit is $_____. A)  0 B)  20 C)  40 D)  50 E)  cannot tell from the information provided
-The marginal revenue of the 100th unit is $_____.


A) 0
B) 20
C) 40
D) 50
E) cannot tell from the information provided

Correct Answer:

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