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A Firm Facing a Downward-Sloping Demand Curve Sells 50 Units

Question 133

Multiple Choice

A firm facing a downward-sloping demand curve sells 50 units of output at $10 each.The firm's marginal revenue is

A) $500
B) more than $10 but less than $500
C) $10
D) less than $10
E) zero

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