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    Exam 10: Price-Searcher Markets With Low Entry Barriers
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    If a Price-Searcher Firm Can Sell Nine Units at a Price
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If a Price-Searcher Firm Can Sell Nine Units at a Price

Question 102

Question 102

Multiple Choice

If a price-searcher firm can sell nine units at a price of $20, or it can sell ten units at a price of $17, what is the marginal revenue of the tenth unit?


A) − $10
B) $10
C) $17
D) $20

Correct Answer:

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