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Table 14-5 The table represents a demand curve faced by a firm in a competitive market. Quantity Total Revenue 12 $132 13 $143 14 $154

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Table 14-5 The table represents a demand curve faced by a firm in a competitive market. Quantity Total Revenue 12 $132 13 $143 14 $154 15 $165 16 $176 40. Refer to Table 14-5. For this firm, the average revenue when 14 units are produced and sold is a. $9. b. $11. c. $13. d. $15

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