Question: Table 15-1 Price (Dollars per unit) Quantity Demanded (Units) 5 0 5 1 5 2 5 3 5 4 5 5 5 6 5 7

Table 15-1 Price (Dollars per unit) Quantity Demanded (Units) 5 0 5 1 5 2 5 3 5 4 5 5 5 6 5 7 5 8 5 9 Refer to Table 15-1. Over what range of output is marginal revenue declining? a. 3 to 7 units b. 1 to 6 units c. Marginal revenue is constant over the entire range of output. d. 7 to 9 units

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