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    Principles of Economics Study Set 12
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    Exam 10: Monopoly
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    A Clothing Store Can Sell Two Shirts for $20 Each
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A Clothing Store Can Sell Two Shirts for $20 Each

Question 145

Question 145

Multiple Choice

A clothing store can sell two shirts for $20 each or three shirts for $15 each. At a quantity of three shirts sold, marginal revenue


A) is $45.
B) is $15.
C) is $5.
D) cannot be determined from the information given.
E) is $2.

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