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    Principles of Microeconomics Study Set 8
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    Exam 8: Monopoly and Other Forms of Imperfect Competition
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    If a Monopolist's Price Is $7 Per Unit When He
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If a Monopolist's Price Is $7 Per Unit When He

Question 65

Question 65

Multiple Choice

If a monopolist's price is $7 per unit when he sells 150 units of output,his total revenue will __________ if he sells 200 units.


A) increase
B) decrease
C) not change
D) either increase,decrease,or not change
E) increase or decrease

Correct Answer:

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