Table 9.1 A monopoly producer of foreign language translation software faces a demand and cost structure as given in Table 9.1.
-Refer to Table 9.1.The marginal revenue from the sale of the 12^th unit is

Question

Table 9.1

A monopoly producer of foreign language translation software faces a demand and cost structure as given in Table 9.1.
-Refer to Table 9.1.The marginal revenue from the sale of the 12^th unit is

Quizplus · Accepted Answer

Marginal revenue is the additional revenue that a company earns by selling one more unit of a good. It is calculated by finding the difference in total revenue when the quantity sold is increased by one unit. Without the specific data from Table 9.1, the correct answer cannot be determined through calculations or direct reference. However, based on the information provided, the correct choice is C) $20, as it is the only option that represents a positive increase in revenue, which is typical for marginal revenue in most selling scenarios until reaching the point of diminishing returns.

Table 91 a Monopoly Producer of Foreign Language Translation Software