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A monopolist can sell 10 units at $25.50 per unit and 11 units at $25.00 per unit. The marginal revenue associated with the 11th unit
A monopolist can sell 10 units at $25.50 per unit and 11 units at $25.00 per unit. The marginal revenue associated with the 11th unit is:
a) $25.00
b) $20.00
c) $25.50
d) $280.50
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