Suppose a firm in a competitive market produces and sells 8 units of output and has a marginal revenue of $8 . What would be the firm's marginal revenue if it instead produced and sold 4 units of output?

a. $2
b. $8
c. $32
d. $64


b

Economics

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A. The change in x coordinates between two points divided by the change in their y coordinates. B. The percentage change in x coordinates between two points divided by the percentage change in their y coordinates. C. The change in y coordinates between two points divided by the change in their x coordinates. D. The percentage change in y coordinates between two points divided by the percentage change in their x coordinates.

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