Total revenue for producing 10 units of output is $5. Total revenue for producing 11 units of output is $9. Given this information, the Average revenue for producing 11 units is $2. Average revenue...


Total revenue for producing 10 units of output is $5. Total revenue for producing 11 units of output is $9. Given this information, the





    1. Average revenue for producing 11 units is $2.

    2. Average revenue for producing 11 units is $4

    3. Marginal revenue for producing the 11th
      unit is $2.

    4. Marginal revenue for producing the 11th
      unit is $4.





Jun 07, 2022
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