Which of the following illustrates the
concept of marginal revenue?
Burger Barns receives an extra $1.59
by selling another hamburger.
Costs at Daryl's Dairy rise by $.87
when it produces another gallon of milk.
Fred's Farms pays $.90 for each gallon
of fuel it needs to run equipment.
When the post office hires another
letter sorter, it can sort an extra 3000 letters per
None of the above.
Use the following table for the next
On the basis of this information, the
profit-maximizing level of output is: