-The table above gives the demand for a monopolist's output. What is the marginal revenue when output is increased from 5 to 6 units?
A) $18
B) $4
C) $3
D) -$2

Question

-The table above gives the demand for a monopolist's output. What is the marginal revenue when output is increased from 5 to 6 units?
A) $18 
B) $4 
C) $3 
D) -$2

Quizplus · Accepted Answer

Marginal revenue is calculated as the change in total revenue divided by the change in quantity. If increasing output from 5 to 6 units decreases total revenue, the marginal revenue is negative.

-The Table Above Gives the Demand for a Monopolist's Output