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Refer to the revenue and cost schedule for Shelly Shoes in addressing the question below. Quantity Price Total Marginal Total Cost Marginal Average Revenue Revenue
Refer to the revenue and cost schedule for Shelly Shoes in addressing the question below. Quantity Price Total Marginal Total Cost Marginal Average Revenue Revenue Cost Cost $37 $240 10 $31 $310 20 $26 $390 30 $22 $530 35 $20 $690 40 $19 $900 When increasing production from 0 to 10 dress shoes, the marginal revenue is $_ _ and marginal cost is $ O a) 28; 9 O b) 31; 7 O c ) 26; 8 O d) 33; 11
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