Answered: If a monopolist can sell 9 units at…

If a monopolist can sell 9 units at price of $100 per unit and 10 units at a price of $90 per unit, its marginal revenue at an output of 10 units is

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If a monopolist can sell 9 units at price of $100 per unit and 10 units at a price of $90 per unit, its marginal revenue at an output of 10 units is

A.
$100.
B.
$0.
C.
-$90.
D.
-$10.

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