Michcardwell6758 Michcardwell6758

23-04-2024
Business

Answered

When the local electricity company charges a price of $20 per kilowatt they sell 1,000 units. If they raise the price by $1 they sell 800 units. What is the marginal revenue between $20 and $21?
1) $1
2) $21
3) 53.200
4) $200

Answer :

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