Question 1
Stereo Sound Unlimited has a monopoly over the installation of surround sound systems. If Stereo Sound Unlimited's total revenue from installing 10 sound systems is $20,000 and its total revenue from installing 11 sound systems is $18,000, what is the marginal revenue of the eleventh sound system?
◦ -$2,000
◦ -$1,000
◦ $2,000
◦ $3,800
Question 2
Hi Phi Sound Unlimited has a monopoly over the installation of surround sound systems. Hi Phi Unlimited's total revenue from installing 15 sound systems is $30,000 and its total revenue from installing 18 sound systems is $33,000. The marginal revenue received from selling the 18th sound system is
◦ equal to the price of the 16th sound system.
◦ greater than the price of the 16th sound system.
◦ less than the price of the 16th sound system.
◦ Indeterminate from the given information.
Movement of sound waves through the human ear.
The effects of undernourishment on the body systems.
Sustainable Food Systems Model
Sensory systems and Endocrine system
plant tissue systems
Bacteriophage site-specific recombination systems