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A Monopoly Firm Can Sell 150 Units of Output for $12.00

Question 30

Multiple Choice

A monopoly firm can sell 150 units of output for $12.00 per unit.Alternatively,it can sell 151 units of output for $11.85 per unit.What is the marginal revenue of the 151st unit of output


A) -$11.85
B) -$10.65
C) $10.65
D) $11.85

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