The above table shows a sample of prices and the quantity sold by a monopolist.
-Refer to the table above. What is the monopolist's marginal revenue of the 100th unit?

Question

Quizplus · Accepted Answer

Marginal revenue (MR) is the change in total revenue that results from selling one additional unit of a product. If the monopolist's total revenue decreases by $4 when selling the 100th unit, it means the marginal revenue of selling that unit is negative, specifically - $4. This indicates that selling the 100th unit actually reduces the total revenue by $4, hence the correct answer is D.

The Above Table Shows a Sample of Prices and the Quantity