Economics 9708 · AS & A Level · 7.5

7.5 — practice question

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

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI