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    Principles of Microeconomics
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    Exam 11: Price and Output in Monopoly, Monopolistic Competition, and Perfect Competition
  5. Question
    A Meatball Sandwich Vendor Finds That When He Charges a Price
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A Meatball Sandwich Vendor Finds That When He Charges a Price

Question 78

Question 78

Multiple Choice

A meatball sandwich vendor finds that when he charges a price of $6, he sells 100 meatball sandwiches. When he charges a price of $4, he sells 200 meatball sandwiches. The marginal revenue for each of the additional 100 meatball sandwiches he sells is


A) $6
B) $4
C) $3
D) $2
E) $1

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