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Marginal revenue from selling the third unit of output

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Reference no: EM132198936

Price    Quantity Demanded    Total Revenue

$7    x        1          =        7

 6    x         2          =       12

 5    x        3          =        15

 4     x        4         =        16

3     x        5          =        15

Using this data, the marginal revenue from selling the third unit of output is:

A $6

B $1

C $5

D $3

Reference no: EM132198936

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