Refer to Figure 13.3. This firm's marginal revenue will be positive at

A) all prices below $20.
B) prices above $10.
C) all prices.
D) prices between $4 and $8.

Question

Refer to Figure 13.3. This firm's marginal revenue will be positive atA)  all prices below $20.B)  prices above $10.C)  all prices.D)  prices between $4 and $8.

Amiah Dashayl · Accepted Answer

Final Answer : B, Explanation :  Marginal revenue is positive when the price is above the point where marginal revenue equals zero, which typically occurs at prices above the midpoint of the demand curve.

Refer to Figure 13.3. This firm's marginal revenue will be positive at

A) all prices below $20.
B) prices above $10.
C) all prices.
D) prices between $4 and $8.

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Learning Objectives

Learning Objectives

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