A monopolist can sell nine units at $10 per unit.He can sell ten units if he lowers his price to $9 per unit.His marginal revenue for the tenth unit sold is
A) $0.
B) $1.
C) $9.
D) $10.
E) $11.

Question

Quizplus · Accepted Answer

The Answer of A monopolist can sell nine units at $10 per unit.He can sell ten units if he lowers his price to $9 per unit.His marginal revenue for the tenth unit sold is
A) $0.
B) $1.
C) $9.
D) $10.
E) $11.

A Monopolist Can Sell Nine Units at $10 Per Unit