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Strawberry Inc

Question 1

Multiple Choice

Strawberry Inc.has a monopoly on the sale of a specialized smartphone.If it sells 9 of these smartphones its total revenue is $1,800,and if it sells 10 smartphones its total revenue is $1,950.The marginal revenue of the tenth smartphone sold is:


A) $150.
B) $75.
C) $1,950.
D) $1,800.

Correct Answer:

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