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    Microeconomics Theory with Applications
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    Exam 10: Monopoly
  5. Question
    The Marginal Revenue of a Good That Costs $5 and Has
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The Marginal Revenue of a Good That Costs $5 and Has

Question 98

Question 98

Multiple Choice

The marginal revenue of a good that costs $5 and has an own- price elasticity (in absolute value) equal to 0.2 is:


A) - 20.
B) - 10.
C) 10.
D) 20.

Correct Answer:

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