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Use the Following Table to Answer the Question : Table

Question 50

Multiple Choice

Use the following table to answer the question : Table 11-1 : shows the quantity demanded of a good at various prices for a monopoly firm.
Use the following table to answer the question : Table 11-1 : shows the quantity demanded of a good at various prices for a monopoly firm. -Refer to Table 11-1.What is the marginal revenue when 3 units are sold? A) $20 B) $30 C) $50 D) $70
-Refer to Table 11-1.What is the marginal revenue when 3 units are sold?


A) $20
B) $30
C) $50
D) $70

Correct Answer:

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