-In Figure 8-8,the marginal revenue from adding the third unit of output is
A)$240
B)$80
C)$90
D)$40
E)$60

Name: -In Figure 8-8,the marginal revenue from adding the third unit of output is A)$240 B)$80 C)$90 D)$40 E)$60
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Question

-In Figure 8-8,the marginal revenue from adding the third unit of output is
A)$240 
B)$80 
C)$90 
D)$40 
E)$60

Quizplus · Accepted Answer

The marginal revenue is the change in total revenue from selling one more unit. If the third unit increases total revenue by $60, then the marginal revenue is $60.

-In Figure 8-8,the Marginal Revenue from Adding the Third Unit