Multiple Choice
A monopoly firm can sell 150 units of output for $10 per unit. Alternatively, it can sell 151 units of output for $9.90 per unit. The marginal revenue of the 151st unit of output is
A) -$5.10.
B) -$0.10.
C) $2.45.
D) $5.10.
Correct Answer:
Verified
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