Business, 29.02.2020 04:48 brownkat002
A monopolist sells 2,000 units for $20 each. The total cost of 2,000 units is $30,000. If the price falls to $19, the number of units sold increases to 2,100. The total cost of 2,100 units is $30,075. When the monopolist moves from a price of $20 to $19, the marginal revenue will:
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A monopolist sells 2,000 units for $20 each. The total cost of 2,000 units is $30,000. If the price...
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