The following table shows the total revenue (in dollars) and total cost (in dollars) from the production and sale of different units of a product.
Table 2-1
-Refer to Table 2-1. What is the marginal revenue associated with the sale of the 5th unit of the good?
A) $55
B) $8
C) $7
D) $48
E) $4
Correct Answer:
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Q1: Which of the following is true of
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