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Suppose a monopolist faces the following demand curve: What is the marginal revenue of the 6th unit of output? Price Quantity $90 0 $80 1
Suppose a monopolist faces the following demand curve: What is the marginal revenue of the 6th unit of output?
Price | Quantity |
$90 | 0 |
$80 | 1 |
$70 | 2 |
$60 | 3 |
$50 | 4 |
$40 | 5 |
$30 | 6 |
$20 | 7 |
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