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Business, 21.03.2020 04:01 eross92604
A monopoly firm can sell 150 units of output for $10 per unit. Alternatively, it can sell 151 units of output for $9.98 per unit. The marginal revenue of the 151st unit of output is
a. $0.02.
b. $2.45
c. $6.98
d. $9.98
e. -$6.98
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A monopoly firm can sell 150 units of output for $10 per unit. Alternatively, it can sell 151 units...
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