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Currently,a Monopolist's MR = $10 and Its MC = $5

Question 38

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.

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