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Giggly Boo is the only hotdog stand in the office park (a pure monopolist for the local market). Giggly Boo can sell 20 hotdogs in
Giggly Boo is the only hotdog stand in the office park (a pure monopolist for the local market). Giggly Boo can sell 20 hotdogs in an hour at $8 each and 21 hotdogs at $7 each. The marginal revenue of the 21sthotdog is:
Group of answer choices
$15.
-$13.
$0.
$7.
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