Refer to the following figure:

-When quantity demanded is 2,000, what is marginal revenue?
A) $12
B) $15
C) 0
D) $10
E) -$10

Name: Refer to the following figure: -When quantity demanded is 2,000, what is marginal revenue? A) $12 B) $15 C) 0 D) $10 E) -$10
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Question

Refer to the following figure:
 
-When quantity demanded is 2,000, what is marginal revenue?
A) $12 
B) $15 
C) 0 
D) $10 
E) -$10

Quizplus · Accepted Answer

Marginal revenue is the change in total revenue divided by the change in quantity sold. When quantity demanded is 2,000, the change in quantity sold is 0, so the marginal revenue is 0.

Refer to the Following Figure