Multiple Choice
A local cable company has a monopoly on cable service.If it sells 20 of its packages its total revenue is $10,000,and if it sells 21 packages its total revenue is $10,600.When the local cable company sells 21 packages,the price per package is closest to
A) $600.
B) $505.
C) $500.
D) $50.
Correct Answer:
Verified
Correct Answer:
Verified
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