Question
21. The questions below are based on the following demand schedule for a monopolist: _______________________________________ Price Quantity _______________________________________ $150 1 $140 2 $130 3 $120
21. The questions below are based on the following demand schedule for a monopolist:
_______________________________________
Price Quantity
_______________________________________
$150 1
$140 2
$130 3
$120 4
$110 5
_______________________________________
The marginal revenue associated with the sale of the third unit is
Group of answer choices
a. $390
b. $130
c. $110
d. $90
e. $70
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Labor Economics
Authors: George J. Borjas
6th edition
73523208, 2900073523209 , 978-0073523200
