marginal revenue from 10 to 11 computers?
1. $100
2. $200
3. $300
4. $400
If you can sell 1500 water bottles for $15 each or 2000 water bottles for $14 each, what is the
marginal revenue from 1500 to 2000 water bottles?
1. $4000
2. $4500
3. $5000
4. $5500
If you can sell 10 computers for $1400 each or 11 computers for $1300 each, and the marginal
cost is $1000, what should you do and what is the profit?
1. Sell 10 computers and $3,300
2. Sell 10 computers and $4,000
3. Sell 11 computers and $3,300
4. Sell 11 computers and $4,000
What is true of the profit-maximizing quantity?
Fig: 1