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A firm has been selling 500 units of a good at $20 a unit. It can sell an additional unit of the good by lowering

A firm has been selling 500 units of a good at $20 a unit. It can sell an additional unit of the good by lowering price to $19.95. Its marginal revenue on the extra unit would be

Select one:

a.$19.95.

b.$20.00.

c.between $19.95 and $20.00.

d.- $5.05.

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