Question: Table 14-5 The table represents a demand curve faced by a firm in a competitive market. Quantity Total Revenue 12 $144 13 $156 14 $168

Table 14-5 The table represents a demand curve faced by a firm in a competitive market. Quantity Total Revenue 12 $144 13 $156 14 $168 15 $180 16 $192 Refer to Table 14-5. For this firm, the marginal revenue of the 12th unit is Group of answer choices The marginal revenue cannot be determined without knowing the total revenue when 11 units are sold. $12. $11 $10

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