The diagram indicates that the marginal revenue of the sixth unit of output is:
A. -$1.
B. $1.
C. $4.
D. $24.
A. -$1.
Economics
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In the above figure, using the slope across an arc, the slope of the curve between points a and b is
A) 1/2. B) -1/2. C) 2. D) -2.
Economics
The expression "increase in quantity supplied" is illustrated graphically as a
A) leftward shift in the supply curve. B) rightward shift in the supply curve. C) movement up along the supply curve. D) movement down along the supply curve.
Economics