Multiple Choice
Assume a non-price discriminating monopolist can sell 45 units of a good for $ 1.50 each and can sell 46 units of that good for $ 1.45 each.The marginal revenue of the 46th unit is
A) $0.80.
B) $0.08.
C) -$0.08.
D) -$0.80.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Which of the following is true for
Q7: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5233/.jpg" alt=" -Refer to Figure
Q8: Patent protection is always efficient from society's
Q9: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5233/.jpg" alt=" -Refer to Figure
Q10: Which of the following is NOT an
Q12: A product's patent lasts for _ years.<br>A)
Q13: If a restaurant charges seniors one price
Q14: Barriers to entry are used to<br>A) enable
Q15: Comment on the following statement: "For a
Q16: Price discrimination in practice is illegal.