Question
A monopolist can sell 7 units per day at $7 per unit or 8 units per day at $6 per unit. Its marginal revenue for
A monopolist can sell 7 units per day at $7 per unit or 8 units per day at $6 per unit. Its marginal revenue for the eighth unit of output is:
a. $6
b $1
c. -$1
d. $48
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
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