[Answered] Marginal revenue is the change in total revenue from selling one more unit of output. a. True b. ...

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Author Question: Marginal revenue is the change in total revenue from selling one more unit of output. a. True b. ... (Read 173 times)

mydiamond

Hero Member
Posts: 804

on: Jun 30, 2018

Marginal revenue is the change in total revenue from selling one more unit of output.
a. True
b. False

Question 2

The demand curve facing a monopolist is perfectly elastic.
a. True
b. False

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coyin

Sr. Member
Posts: 334

Reply #1 on: Jun 30, 2018

Answer to Question 1

A

Answer to Question 2

B

mydiamond

Member
Posts: 804

Reply 2 on: Jun 30, 2018

Excellent

kthug

Member
Posts: 332

Reply 3 on: Yesterday

Wow, this really help

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