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As a single seller in her area, Jasmine determined she could sell fifteen units at $12 per unit and sixteen units at $11.35 per unit.

As a single seller in her area, Jasmine determined she could sell fifteen units at $12 per unit and sixteen units at $11.35 per unit. Her marginal revenue for the sixteenth unit is:

  1. A.1.6
  2. B.$11.25.
  3. C.$0.
  4. D.$45.
  5. E.$135.

At the profit maximizing output the form is making

  1. $200 profit.
  2. $200 loss
  3. $0 profit
  4. $100 profit

EfuaApeatsewa'sbakeryproduces 10 cakes per day. The marginal cost of the tenth cake is $20, and average total cost of 10 cakes is $8. The average total cost of 9 cakes is:

A.$4.

B.$7.22

C.$6.22

D.$6.67

E.$4.5

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