Exhibit 8-2 Demand and cost information for a monopoly

-The marginal revenue of the second unit of output in Exhibit 8-2 is:
A) 10.
B) 20.
C) 30.
D) 40.
E) 60.

Name: Exhibit 8-2 Demand and cost information for a monopoly -The marginal revenue of the second unit of output in Exhibit 8-2 is: A) 10. B) 20. C) 30. D) 40. E) 60.
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Question

Exhibit 8-2 Demand and cost information for a monopoly
 
-The marginal revenue of the second unit of output in Exhibit 8-2 is:
A) 10. 
B) 20. 
C) 30. 
D) 40. 
E) 60.

Quizplus · Accepted Answer

The marginal revenue of the second unit of output is 10, as shown in the table.

Exhibit 8-2 Demand and Cost Information for a Monopoly