Refer to Scenario 1-1. Using marginal analysis terminology, what is another economic term for the incremental revenue received from the sale of the last 400 t-shirts?

A) sales revenue B) gross earnings C) gross profit D) marginal revenue

D

Economics

You might also like to view...

What are the three functions that banks perform as financial intermediaries?

What will be an ideal response?

Economics

The international trade effect states that a(n) ________ in the price level will ________ net exports

A) increase; increase B) decrease; decrease C) increase; decrease D) decrease; not affect

Economics