Refer to the table below. The marginal revenue from the third unit of output is:
Use the table below to answer the question for a purely competitive firm.
A. $40
B. $50
C. $120
D. $160
A. $40
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Why are most of the U.S. dollars held outside of the United States?
What will be an ideal response?
__________ are issued with an original maturity of between one and ten years
A) Treasury bills B) Treasury notes C) Treasury bonds D) None of the above.
During the 1990s the household savings rate in the United States as measured by NIPA
A) increased dramatically from two percent to almost six percent. B) fell sharply and was only 0.7% by the year 2004. C) increased only slightly because the federal budget deficit was finally eliminated. D) fell to two percent when a federal budget surplus appeared.
A tariff has the effect of granting ____ a larger share of the domestic market
a. domestic consumers b. foreign consumers c. domestic producers d. foreign producers e. no producers or consumers