Table 15-4
A monopolist faces the following demand curve:

-Refer to Table 15-4. If the monopolist produces 5 units, what is its marginal revenue?
A) $100
B) $37.5
C) $15
D) $2.50

Question

Table 15-4
A monopolist faces the following demand curve:
 
-Refer to Table 15-4. If the monopolist produces 5 units, what is its marginal revenue?
A) $100 
B) $37.5 
C) $15 
D) $2.50

Quizplus · Accepted Answer

The Answer of Table 15-4
A monopolist faces the following demand curve:
 
-Refer to Table 15-4. If the monopolist produces 5 units, what is its marginal revenue?
A) $100 
B) $37.5 
C) $15 
D) $2.50

Table 15-4 A Monopolist Faces the Following Demand Curve