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Author Question: Suppose a monopoly can sell 10 units of output for $21. In order to sell 11 units of output, the ... (Read 175 times)

beccaep

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on: May 24, 2019
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?
◦ $41
◦ $20
◦ $10
◦ $1
◦ $220
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by beccaep on May 24, 2019

robbielu01

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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beccaep

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Reply 2 on: May 24, 2019
Excellent

irishcancer18

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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