Wendy Has a Monopoly in the Retailing of Motor Homes

question 137

Multiple Choice

Wendy has a monopoly in the retailing of motor homes.She can sell five per week at $21,000 each.If she wants to sell six,she can charge only $20,000 each.The quantity effect of selling the sixth motor home is:

• A)$20,000.
• B)$10,000.
• C)$15,000.
• D)$21,000.

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