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Author Question: The diagram below shows the demand curve facing a single-price monopolist.FIGURE 10-4Refer to Figure ... (Read 54 times)

ncasson210

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on: Oct 12, 2022

Question 1

The diagram below shows the demand curve facing a single-price monopolist.



FIGURE 10-4
Refer to Figure 10-4. What is the firm's marginal revenue per unit as it moves from point A to point B on the demand curve?


◦ $2000
◦ $50
◦ $0
◦ $1000
◦ $40

Question 2

The diagram below shows the demand curve facing a single-price monopolist.



FIGURE 10-4
Refer to Figure 10-4. Suppose the firm is currently at point C on the demand curve, selling 300 units at $40 per unit. If the firm moves to point D, the revenue the firm gives up on the units it was already selling is ________ and the revenue it gains on the additional units sold is ________.


◦ $3000; 4000
◦ $12 000; $12 000
◦ $4000; $3000
◦ $3000; $3000
◦ $9000; $9000
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by ncasson210 on Oct 12, 2022

Hamad

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Reply #1 on: Oct 12, 2022
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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ncasson210

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

jackie

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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