Refer to the below tables. If the firm sells 3 units of output, marginal revenue will be:

Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given product and engaged in a given amount of product promotion.







A. -$5

B. $35

C. $135

D. $165


B. $35

Economics

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The expenditure multiplier concept of the aggregate-expenditures model ________.

A. explains movement up or down the aggregate demand curve B. magnifies the shifts of the aggregate demand curve C. is not at all relevant in the AD/AS model D. reverses the shift of the aggregate demand curve

Economics

If the real exchange rate between the United States and Japan is ________, then it is cheaper to buy goods in Japan than in the United States

A) greater than 1.0 B) greater than 0.5 C) less than 0.5 D) less than 1.0

Economics

What are the advantages from the 2002 change in the Fed's lending policy?

What will be an ideal response?

Economics

Which of the following economies are most free?

What will be an ideal response?

Economics