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  3. Study Set
    Principles of Microeconomics Study Set 10
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    Exam 15: Monopoly
  5. Question
    When a Certain Monopoly Sets Its Price at $8 It
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When a Certain Monopoly Sets Its Price at $8 It

Question 6

Question 6

Multiple Choice

When a certain monopoly sets its price at $8 it sells 64 units. When the monopoly sets its price at $9 it sells 62 units. The marginal revenue for the firm over this range is


A) $18.
B) $23.
C) $46.
D) $92.

Correct Answer:

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