Assistance with Microeconomics

11. Refer to the diagram above. In this instance, the marginal revenue curve

a. reflects a perfectly competitive firm

b. is equal to the price of the good

c. is a horizontal straight line

d. reflects each of the above

12. Given the data provided in the table below, the total revenue (TR) for production at quantity (Q) level 4 equals

a. $1.00

b. $15.00

c. Zero

d. $20.00