Question: 4 2 Multiple Choice 1 point Table 1 4 - 6 John's Vineyard table [ [ COSTS , REVENUES ] , [ table

42
Multiple Choice
1 point
Table 14-6
John's Vineyard
\table[[COSTS,REVENUES],[\table[[Quantity],[Produced]],\table[[Total],[Cost]],\table[[Marginal],[Cost]],\table[[Quantity],[Demanded]],Price,\table[[Total],[Revenue]],\table[[Marginal],[Revenue]]],[0,$0,--,0,$80,,--],[1,$50,,1,$80,,],[2,$102,,2,$80,,],[3,$157,,3,$80,,],[4,$217,,4,$80,,],[5,$285,,5,$80,,],[6,$365,,6,$80,,],[7,$462,,7,$80,,],[8,$582,,8,$80,,]]
Refer to Table 14-6. What is the marginal revenue from selling the 1 st unit?
$80
$50
$160
$30
4 2 Multiple Choice 1 point Table 1 4 - 6 John's

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