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The Table Shown Represents the Revenues Faced by a Monopolist

Question 12

Multiple Choice

The table shown represents the revenues faced by a monopolist.
The table shown represents the revenues faced by a monopolist. What is the firm's marginal revenue of the sixth unit? A) $0 B) −$200 C) $3,000 D) $500
What is the firm's marginal revenue of the sixth unit?


A) $0
B) −$200
C) $3,000
D) $500

Correct Answer:

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