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Suppose that Sam has a local monopoly selling rose bushes. Sam can sell 42 units of output at $22 per unit and 43 units at
Suppose that Sam has a local monopoly selling rose bushes. Sam can sell 42 units of output at $22 per unit and 43 units at $21.75 per unit. The marginal revenue of the 43rd unit of output is Multiple Choice $0.25. $11.25. $4.75. $809.75
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