The diagram illustrates a firm’s average revenue (AR) curve. The firm is presently producing output OX. Which area(s) would represent the firm’s marginal revenue if output rose by one further unit?
- Aw + v
- Bw + z
- Cw – v
- Dw only
Economics 9708 · AS & A Level · 7.5
The diagram illustrates a firm’s average revenue (AR) curve. The firm is presently producing output OX. Which area(s) would represent the firm’s marginal revenue if output rose by one further unit?