The following table shows the total revenue and total cost (in dollars) from different sales volumes of
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Question:
The following table shows the total revenue and total cost (in dollars) from different sales volumes of the goods.
Table 2-1
15 1 15 3
14 2 28 7
13 3 39 12
12 4 48 18
11 5 55 25
10 6 60 33
Refer to Table 2-1. What is the marginal profit of the firm from the sale of the 3rd unit of the good?
a. $9
b. $6
c. $4
d. $2
e. 0
Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-1118301173
1st Canadian Edition
Authors: Roberta S. Russell, Bernard W. Taylor, Ignacio Castillo, Navneet Vidyarthi
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