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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 Increases Output from 14 to 15 Units
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If a Monopolist Increases Output from 14 to 15 Units

Question 9

Question 9

Multiple Choice

If a monopolist increases output from 14 to 15 units by lowering its price from $32 to $30 per unit,its marginal revenue would be


A) -$2.
B) $2.
C) $448.
D) $450.
E) $452.

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