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Question 147

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Use the following to answer question: Use the following to answer question: -(Table: Prices and Demand) The New Orleans Saints have a monopoly on Saints logo hats.The marginal cost of producing a hat is $18.If the Saints increase the number of hats they sell from 4 to 5,marginal revenue is: A) $20. B) $22. C) $8. D) $12.
-(Table: Prices and Demand) The New Orleans Saints have a monopoly on Saints logo hats.The marginal cost of producing a hat is $18.If the Saints increase the number of hats they sell from 4 to 5,marginal revenue is:


A) $20.
B) $22.
C) $8.
D) $12.

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