__ is the extra revenue associated with selling an additional unit of output.
a. Average revenue
b. Marginal revenue
c. Marginal cost
d. Net profit
e. Average variable cost
ANSWER: b
__ is the extra revenue associated with selling an additional unit of output.
a. Average revenue
b. Marginal revenue
c. Marginal cost
d. Net profit
e. Average variable cost
ANSWER: b