Question: MC Qu. 12-34 (Algo) Answer the question on the... Answer the question on the basis of the accompanying demand schedule. Price Quantity Demanded $ 30

MC Qu. 12-34 (Algo) Answer the question on the...

Answer the question on the basis of the accompanying demand schedule.

Price Quantity Demanded
$ 30 1
25 2
20 3
15 4
10 5

The marginal revenue obtained from selling the fourth unit of output is

Multiple Choice

  • $15.
  • $5.
  • $0.
  • $1.

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