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Suppose a Monopoly Can Sell 10 Units of Output for $21.In

Question 262

Multiple Choice

Suppose a monopoly can sell 10 units of output for $21.In order to sell 11 units of output,the price must fall to $20.What is the marginal revenue of the 11th unit?


A) $41
B) $20
C) $10
D) $1
E) $220

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