Solved

A Firm Can Sell 14 Units at $18,but to Sell

Question 227

Multiple Choice

A firm can sell 14 units at $18,but to sell 15 units,the firm must cut the price to $17.The marginal revenue derived from selling the 15th unit is

A) -$18.
B) 0.
C) $3.
D) $17.
E) $18.

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