Question: Table 14-1 Price (Dollars per unit) (Units) Quantity Demanded 15 15 15 15 15 15 15 15 15 15 2 4 6 8 10 12
Table 14-1
Price
(Dollars per unit) (Units)
Quantity Demanded
15
15
15
15
15
15
15
15
15
15
2
4
6
8
10
12
14
16
18
Refer to Table 14-1. Over which range of output is average revenue equal to price?
O 2 to 10 units
O 6 to 14 units
O 10 to 18 units
O Average revenue is equal to price over the entire range of output.
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