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Refer to the following table that gives the demand facing a monopolist: Refer to the following table that gives the demand facing a monopolist: Price
Refer to the following table that gives the demand facing a monopolist:
Refer to the following table that gives the demand facing a monopolist:
Price | Quantity |
$20 | 20 |
15 | 40 |
10 | 65 |
5 | 70 |
How much does the 28th unit of output add to total revenue?
Answer Options are $20, $10, $2, $200, or None of these
it is ASKING TOTAL REVENUE.
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