produced per day total revenue marginal revenue 0 — — 1 $10 $10 2 $20 $10 3 $30 $10 4 $40 $10 5 $50 $10 6…

produced per day total revenue marginal revenue 0 — — 1 $10 $10 2 $20 $10 3 $30 $10 4 $40 $10 5 $50 $10 6 $60 $10 7 $70 $10 according to the chart, the marginal revenue decreases by ten dollars as production increases. increases by ten dollars as production increases. falls to zero dollars as production increases. remains the same as production increases.
Answer
Explanation:
Step1: Observe the marginal - revenue values
Check the values in the marginal - revenue column of the table. As the quantity produced per day increases from 1 to 7, the marginal revenue is $10 for each level of production.
Answer:
remains the same as production increases.