Match these items. Match the items in the left column to the items in the right column. 1. marginal cost cost of producing one m
ore unit of a good 2. marginal revenue graph that shows the relationship between price and quantity supplied 3. supply money earned by producing one more unit of a good 4. supply curve table that shows the relationship between price and quantity supplied 5. supply schedule quantity of a good or service that producers make and sell in the market
<span>The answer is $1075. The way to figure this out is to plug in 4 for n, which represents the number of years.
A(4) = 1000 + (4 - 1) * (0.025 * 1000)
A(4) = 1000 + 3 * 25
= $1075</span>
