Quantity demanded is 10 units. based on this information, Ask an Expert

Economics

Assume that when price is $20, quantity demanded is 9 units, and when price is $19, quantity demanded is 10 units. Based on this information, what is the marginal revenue resulting from an increase in output from 9 units to 10 units?

A) $20
B) $19
C) $10
D) $1

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M954786

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