Suppose the figure below illustrates the demand curve facing a monopolist.
At a price of $8 per unit, the total revenue for this monopolist is ______ per day, and the marginal revenue earned from the last unit sold is ______.
A) $8; $8
B) $3,200; $8
C) $3,200; $4
D) $3,200; $0
Correct Answer:
Verified
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