Multiple Choice
Currently,a monopolist's MR = $10 and its MC = $5 and it serves 10 consumers.An 11th consumer walks in.Should the company provide service to the additional customer?
A) Yes,MR > MC,so it should provide service to the additional customer.
B) Yes,MR is equal to the number of customers,so it should provide service to the additional customer.
C) No,MR > MC,so it should not provide service to the additional customer.
D) No,MC is less than the number of customers,so it should not provide service to the additional customer.
Correct Answer:

Verified
Correct Answer:
Verified
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