A meatball sandwich vendor finds that when he charges a price of $6, he sells 100 meatball sandwiches. When he charges a price of $4, he sells 200 meatball sandwiches. The marginal revenue for each of the additional 100 meatball sandwiches he sells is
a. $6
b. $4
c. $3
d. $2
e. $1
D
Economics
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Who owns the Fed?
a. The federal government. b. The states. c. The District Federal Reserve Banks. d. All banks. e. Member banks.
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The Fed typically decreases the money supply by
a. selling government bonds b. buying government loans c. selling government loans d. printing more currency e. buying government bonds
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