A nondiscriminating pure monopolist finds that it can sell its 50th unit of output for $50.We can surmise that the marginal:
A) cost of the 50th unit is also $50.
B) revenue of the 50th unit is also $50.
C) revenue of the 50th unit is less than $50.
D) revenue of the 50th unit is greater than $50.
Correct Answer:
Verified
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