On December 1, 2021, Carlos entered into a lease on a building for use in his business for $1,000 per month. Under the lease ter
1 answer:
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Answer: $25
Explanation:
Total revenue, at price = $50
Total revenue = price × units sold
= $50 × 0
= 0
Total revenue, at price = $45
Total revenue = price × units sold
= $45 × 1
= $45
Total revenue, at price = $40
Total revenue = price × units sold
= $40 × 2
= $80
Total revenue, at price = $35
Total revenue = price × units sold
= $35 × 3
= $105
Marginal revenue of third unit =
=
= $25