ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Suppose a firm can sell one unit of product for $50, two units for $45 each, three units for $40
each, or four units for $35 each. When the firm sells four units, marginal revenues is equal to
a. $5
b. $25
c. $20
d. $30
e. $35
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Transcribed Image Text:Suppose a firm can sell one unit of product for $50, two units for $45 each, three units for $40 each, or four units for $35 each. When the firm sells four units, marginal revenues is equal to a. $5 b. $25 c. $20 d. $30 e. $35
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